It’s not quite as high as some of the earlier estimates, but given the state of some of his competition Ron Paul’s $2.4 million cash-on-hand looks pretty good.  ABC’s Political Radar blog reports:

Paul’s cash on hand puts him in third place in the Republican field [bold mine-DL] in that important metric, although he is well behind leader Rudy Giuliani, who has $18 million in the bank, and Mitt Romney, with $12 million.

Is it now permitted to regard him as a more serious candidate than “Smike Brownbuckabee“?