Ron Paul Still Raking in Big Fundraising Bucks

Ron Paul Campaign Rakes in $10.4 million in first quarter of 2012.

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In case you've forgotten, Ron Paul is still running for president. And based off his latest fundraising reports, his campaign looks healthy for a candidate who has failed to win even one state contest this primary season.

Paul's National Campaign Chairman Jesse Benton told Whispers the Texas Rep. collected $10.4 million in the initial months of 2012, down slightly from the record $13 million he raised in the fourth quarter of 2011.

The momentum shows no sign of stopping. Paul collected over $1 million during an April 15 money bomb. With Rick Santorum out of the picture, Benton says the future is looking even sunnier.

"We finally got to the place where we finally thought we'd be," Benton says. "It was always our goal to set Ron up as the limited government alternative to the established moderate. And we finally reached that point. Ron's the last man standing."

The Paul campaign isn't backing off. Politico reported Thursday that after Santorum announced he was exiting the nomination fray, Romney pulled ads leading up to state primaries. Paul, however is dishing out $110,000 for television spots.

"It is always an advantage when you don't have to yell over other political ads," Benton says. "They are in primary states where we can win delegates."

Looking forward, Benton tells Whispers the campaign will launch an aggressive ad series Monday, focused on earning a good number of delegates in Paul's home state of Texas. With Santorum out of the way, the campaign sees new possibilities in states like Colorado, a place the campaign had written off as Santorum and Romney territory. The caucus in Colorado already happened, but official delegate selection is still underway.  [See a collection of political cartoons on Mitt Romney]

"We are fighting really hard in many states on our convention strategy," Benton says. "The exit of Santorum has opened up any more delegate opportunities for us."

Benton admits Romney's well positioned, but says the campaign still thinks Paul has a shot.

"I am not going to try to deceive you, and say that Romney doesn't have some advantages," Benton says. "But until he has 1,144 delegates, we are going to press on with our campaign."

As far as moving former Speaker of the House Newt Gingrich out of the way, Benton says there is no saying how long he will hold on. The Paul campaign is not forming their strategy on the belief that Gingrich is exiting the race any time soon.

"Who knows with Newt," Benton says. "He is millions in debt, he has no convention organization. I don't understand why he continues, but that is his prerogative."

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