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December 16, 2007 3:30 PM PST

Ron Paul's Tea Party-- a bigger money bomb

by Peter Glaskowsky

I see today's "money bomb" for the Ron Paul presidential campaign is doing even better than the Nov. 5 event. No doubt the publicity from last month is helping this time around.

According to this real-time data from RonPaulGraphs.com, contributions are coming in at a rate about 50% higher than the previous occasion. Around 3 P.M. Pacific time, the day's donations passed the total for Nov. 5.

Donations are currently on a pace to reach about $6.5 million for the day, which would set a new one-day record for actual donations. And all without the support of the official campaign organization. Amazing.

Peter N. Glaskowsky is a computer architect in Silicon Valley and a technology analyst for the Envisioneering Group. He has designed chip- and board-level products in the defense and computer industries, managed design teams, and served as editor in chief of the industry newsletter "Microprocessor Report." He is a member of the CNET Blog Network and is not an employee of CNET. Disclosure.
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by SimpleWordsmith December 16, 2007 3:52 PM PST
This exactly captures my sentiments on the matter. Like what the guy says or not, this is a real and fascinating phenomenon. I do think it deserves to be noted more than it has been. With over 110,000 donors this quarter, and close to 20,000 new donors today alone, this guy does have a broad base of actual support. The fact that these people are so fired up that they'll give this kind of money and coordinate all this kind of stuff on their own... it really is nothing short of amazing.
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by ABDada December 16, 2007 4:19 PM PST
The total is mind-blowing but there's an underlying fact that the mainstream media hasn't taken notice of, at least not yet; this is an item that is far more potent for Paul's campaign: his supporters are nuts, and I mean that in a good way (being one of them).

While this Tea Party is going on online, there are thousands of supporters in the worst sort of weather who have braved the snow, the ice, the wind and the traffic to get together on this historical day. With so many primaries taking place in snow and ice-ridden states, so early in the winter, there's a question the mainstream press should ask: will the supporters of other candidates brave the weather to vote in the primaries?
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by qwerty75 December 16, 2007 6:07 PM PST
The money will dry up once people take a closer look at what he has said and done in the past. The man is scary and cold-hearted.
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by JazzWitherspoon December 16, 2007 6:17 PM PST
"The money will dry up once people take a closer look at what he has said and done in the past. The man is scary and cold-hearted."

Post proof or retract.
by ChuckInLasVegas December 16, 2007 6:39 PM PST
Cold-hearted?? Is it cold of him to refuse to FORCE you to pass your money to Washington on its way to various and sundry causes that the Congress and the lobbyists decide upon? Where would be the virtue in that? You have no virtue, even though it's your money, because you would face jail if you refuse. The Congress has no virtue because they're only spending other people's money. The recipients certainly have no virtue as the beneficiaries of this largess. Socialism destroys societies by removing all virtue and most freedom - it is evil. And ultimately it's socialism that is cold hearted.
by grj0 December 16, 2007 8:11 PM PST
Guys, there is a lot behind this passionate support of Ron Paul.

Couple of points:
-The government has been printing money rampantly to fund foreign wars (entanglements) and flawed federal programs. This causes inflation which causes (housing) markets to fail, causes the dollar to devalue, causes prices to rise fast. Did you know that it is your earnings that get swallowed in the process? Imagine 60% of your 401k (or any other form of savings) getting scammed from you to pay the government's "credit card bill." It's a serious scenario, and a reason for outrage. Ron Paul has been trying to prevent it for years. Excellent lesson here:

http://video.google.com/videoplay?docid=-466210540567002553&hl=en

-The IRS is a failing system. If asked to compute how much a moderate sized business owes in taxes, 20 different IRS agents come up with 20 different results. Who's right, who knows? Its too complicated and too manipulated by special interests to work. Its more stifling than the British system of revolutionary times. The IRS was intended to be phased out years ago. Ron Paul wants to eliminate the IRS and tax purchased goods. No wealth redistribution schemes involved, and very simple, and the economy has more money to create more jobs and wealth. The dollar costs of IRS compliance would vanish. (its a massive inefficiency).

-Patriot Act: did you know that a government agent can issue a self written search warrant (no judge involved) to get information from someone, and if you speak to ANYONE about receiving it you will be charged with a felony? Even your wife, even your lawyer, even your judge!!!! This is so unconstitutional, so unamerican, such an epitome of police state tactics and erosion of liberty. This is the kind of constitutional liberty that Ron Paul is speaking about restoring.

A lot of people are realizing that these (and many others) are serious issues and Ron Paul is the only serious candidate who has the track record of voting to protect the constitution. All of these problems are caused by deviations from Constitutional law.

Please do a little research (google Ron Paul) and find out just what is at stake. His support is growing exponentially.
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by xtronics December 16, 2007 8:26 PM PST
qwerty75 is wrong - They have to make up mud to have anything to sling.

At first I thought he was a fringe candidate - that is what the mainstream press keeps saying, but if you listen to what he says that isn't true.

One thing is for sure - the ONLY way a Republican will win is if it is Ron Paul.

Now they are reduced to paying Drudge to take down articles about Ron Paul. The public is smarter than the press thinks.
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by mickrussom December 17, 2007 3:02 AM PST
The reason Ron Paul is so popular, is that he is popular with a Majority of people.

The other reason he is so popular with the Majority, is he is 'unpopular' with the minority that is polled.

He is also a threat to the military industrial complex and its propaganda wing, the main stream media, and the people are standing up to say, we are ready for Ron Paul, the constitution and real change.
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by mickrussom December 18, 2007 3:48 AM PST
We want to be free. FREEEEDOM Ron Paul 2008
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About Speeds and Feeds

Silicon Valley-based computer architect and chip analyst Peter N. Glaskowsky attends a variety of industry conferences throughout the year to meet with industry thought leaders and dig into the future of computing technology. In Speeds and Feeds, he analyzes trends in system architecture and interface design, as well as market and political pressures surrounding those trends. He is a member of the CNET Blog Network and is not an employee of CNET. Disclosure.

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