Donations to super PAC supporting Ron Paul take dive

Ron Paul

/ Joe Raedle/Getty Images

The super PAC supporting Ron Paul called Endorse Liberty has taken a dive in both donations and spending in February compared to January.

Endorse Liberty raised $282,466 in February compared to $2.3 million in January. Meanwhile the super PAC spent $135,869 in February compared to $2.9 million in January.

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Notably missing from the super PAC donors to Ron Paul is the billionaire donor Peter Thiel (venture capitalist who was first investor in Facebook) who had given Endorse Liberty $2.6 million to date. Thiel gave nothing in February. A spokesperson for Thiel, Jim O'Neil, told CBS News that the billionaire still supports Ron Paul for president. When asked if any additional Thiel donations would be forthcoming, O'Neil said he'd look into it.

The super PAC had $206,777 in cash on hand going into March according to Federal Eleciton Commission records.

Seventy percent of Endorse Liberty's money in February came from Margaret McMahon, of San Antonio, Texas, who gave $200,000.

The last nine expenditures for Endorse Liberty since February 21st were small dollar ad buys for online advertising with Facebook according to FEC records.

[Herne42]

Intelligence and Wisdom are 2 entirely different things.
Wisdom is gained through experience. i.e., I've met doctors,lawyers and scientists unable to comprehend basic wiring and plumbing.(for real...i'm not joking about that one)

we are all screwed...Obama FAILED miserably...we need 2 laws changed...We thought, maybe he'd be different...we were wrong. He's just like them. (I think I'll try and get ahead and start learning Chinese now)

Ron Paul has some good ideas...but he should've gone independent. Hopefully he'll wake up and do so....or I foresee another Ben Franklin. sad.

I would say, so..it'll be more of SAME crap, different day. except that I truly see...the next great depression...please take me seriously me...when I say "stock up everyone!".

It makes me sad to know America is blind to what is about to happen.

Almost makes me wish I was as dumb as the average republican conservative traitor in this country...Almost...alas, I'm an Independent.

The idea of Parties was always a stupid idea...I think it was Ben Franklin tried to say that too.

[ladyang]

That's because ron paul became a romney mouth piece!

[revolutiontime73]

the title of this article should read "main stream medias evil plan of making ron paul look unelectable is paying off!!! see, lying about people works" u should be ashamed of yourself. your children have no future,,,,,

[SmartyPants1960]

If you google FEC you can get all the contribution info on the candidates. How can "journalists" report such CRAP.

http://query.nictusa.com/pres/2012/M2/ Santorum has 1,474,000 cash on hand but a debt of 956,000 which means he has only 500,000 which is less than Ron Paul. Gingrich has 1,788,000 cash on hand but a debt of 1,726,000 so he has little to no money. Where is the story on this?

These guys have less money than Ron Paul and the only story the media puts out is Ron Paul has no money! lol The media is CRAP.

[RADNAS]

without the media, you would have no cartoons to watch! Oh, it's not about money there Mr Smarty pants...it's about delegates and your boy Ron Paul has the LEAST .....way fewer than even Ging-RICH and far fewer than Rich Romney. Quit ******** at the media, we save your ass everyday!