Amazing but true.
Reported here:
“I don’t want to raise money for a futile crusade,” [Ed Crane of Cato fame] said. “I still hope to raise money for him, but not until I see a concerted effort to get back to the roots that got him where he was for a while.” . . .
Sergio Gor, a spokesman for Mr. Paul’s campaign, said, “It is untruthful for a story to say that this super PAC stopped supporting Sen. Paul, when in fact they don’t seem to have lifted a finger in the first place.”
The group spent less than $8,000 in the first half of the year.
Purple PAC raised $1.2 million in the first half of the year, $1 million of which came from Jeff Yass, owner of the trading firm Susquehanna Partners. Mr. Crane said he had not consulted with Mr. Yass on his decision to suspend fundraising. The super PAC currently has $1.4 million on hand, which it won’t spend until Mr. Crane feels more positively about Mr. Paul’s campaign, he said.
