Ron Paul has more cash on hand than the one-time front-runner John McCain. Paul may be a hero to Libertarians and some Democrats, but he is scorned by regular Republican voters. Considered a fringe candidate with internet appeal, the anti-war Paul stands no chance to win the party nomination. The fact that even Ron has more money than McCain is a terrible revelation for the Arizona Senator.
From USAToday:
Republican Ron Paul says he has $2.4 million in cash on hand "after raising an equal amount during the second quarter," our friends at ABC's Political Radar blog write this afternoon. As they say, that puts the presidential candidate "ahead of one-time Republican frontrunner John McCain, who reported this week he has only $2 million in the bank."
Political Radar adds that:
In an exclusive interview taped Friday and airing Sunday on This Week, Paul said his campaign is on a better trajectory than McCain's.
"I think some of the candidates are on the down-slope, and we're on the up-slope," said Paul.
Paul's cash on hand puts him in third place in the Republican field in that important metric, although he is well behind leader Rudy Giuliani, who has $18 million in the bank, and Mitt Romney, with $12 million.
Ooooooh. Double ouch. Not only does the money issue hurt, so does Paul rubbing it in on the upcoming Sunday TV talk show circuit. McCain may have the edge over Paul in the polls, but with so much time for shifts in the public sentiment, the time is now for crucial fundraising efforts. With McCain's campaign mishaps and his "I am Bush's lapdog" approach on the war, Paul is right, John is on the down-slope.
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