[Update] Libertarian GOP Candidate Raises More Than $500,000 With Ron Paul-Endorsed ‘Moneybomb’

Created: August 07, 2009 15:36 | Last updated: July 31, 2020 00:00

[UPDATE: I misunderstood the parameters of this fundraiser, and over-stated how much was raised. It's been corrected.]

Peter Schiff, the libertarian economist and investor who’s launched a dark-horse bid for the U.S. Senate seat currently held by Sen. Chris Dodd (D-Conn.), is raking in cash from a Ron Paul-endorsed, 2007-style “moneybomb.” As of 3:30, Schiff supporters had raised more than $100,000 today for the candidate at Schiffathon.com, giving him more than $550,000 in campaign cash since entering the race in mid-July with the aim of raking in $750,000 by day’s end. By comparison, former Rep. Rob Simmons (R-Conn.), the front-runner for the GOP nomination, raised $753,000 from April through June.

Earlier today Ron Paul emailed his Campaign for Liberty list with a special request to make a donation. The full email:

Dear Supporter,

Our good friend in Liberty, Peter Schiff, is planning a run for Senate in Connecticut against Chris Dodd. The grassroots across the country are organizing a money bomb for him today to raise money and send a powerful message to the political elites that freedom is popular and that Liberty can.

Our contry needs Peter Schiff in Washington, and you can help today. Please go to www.Schiffathon.com right now and make a contribution. Together, we can help make history.

In Liberty,

Ron Paul

This is an awfully good sign for Rand Paul, the Texas congressman’s son, who is running for Senate in Kentucky.

–

*You can follow TWI on Twitter and Facebook. *