Ron Paul beat Mitt Romney in 10 states! Kind of.

by
April 28, 2012

By Peter Grier, Christian Science Monitor

Here’s something you hear on cable news all the time: Ron Paul hasn’t won a primary. He hasn’t won a caucus. Sure, he’s stealing a delegate at state conventions here and there, because his forces are well organized. But he’s lost. He should drop out and settle for an early-afternoon speaking slot at the Republican convention.

Here’s something you don’t hear: Representative Paul actually beat Mitt Romney in 10 states. In a manner of speaking.

What are we talking about? Money, that’s what. Political pros are fond of talking about the “money primary,” in which candidates compete, not for votes, but for campaign donations. It’s a crucial part of any nomination race, because a candidate without cash is like a shark that’s not moving forward, if you understand what we’re saying.

Look at Newt Gingrich: Don’t you think that deep down he really doesn’t want to drop out? But his campaign has run up millions of dollars in debt. He’s a sinking shark. (He loves zoos and aquariums, too, so he’d understand the reference.)

Paul, on the other hand, is still swimming. In the money primary context, the GOP nomination race has almost always been a two-man contest between Mr. Romney and Paul. Through the first quarter of 2012, Romney raised $87 million and Paul $37 million, according to the Center for Responsive Politics. Mr. Gingrich’s soon-to-be-extinct effort garnered $22 million, while Rick Santorum raised $21 million before he dropped out.

What’s more, Paul currently has about $1.7 million cash on hand, and debts of $0. Gingrich has $1.2 million cash on hand, and debts of $4.3 million, according to the latest public figures.

To read more, visit:  http://www.csmonitor.com/USA/DC-Decoder/Decoder-Wire/2012/0427/Ron-Paul-beat-Mitt-Romney-in-10-states!-Kind-of.

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