Current Weather
The Spy FM

A Wyoming Millionaire Places His Faith In Santorum

Filed by KOSU News in US News.
March 31, 2012

After a series of primary wins, Republican presidential hopeful Rick Santorum showed strong fundraising numbers last month.

But earlier in the contest, the loudest voice promoting the former Pennsylvania senator wasn’t the candidate himself. It was Foster Friess, a multimillionaire who was the main funder of a pro-Santorum superPAC.

And when Santorum spoke at the Conservative Political Action Conference in Washington, D.C., in early February, it was Friess who introduced him.

Friess gave a short introductory speech to the gathering, including a joke that pretty much summed up Santorum’s assertion’s about front-runner Mitt Romney and his conservative credentials.

“There’s a little bar a couple doors down and recently a conservative, a liberal and a moderate walked into the bar,” said Friess. “The bartender says, ‘Hi, Mitt!’ “

When Santorum took the stage, he said: “I will not be telling any jokes. I think Foster cornered the market on that.”

Neither Friess nor Santorum alluded to the multimillionaire’s role in Santorum’s presidential bid. Friess is the main benefactor of the Red, White and Blue Fund, the superPAC supporting Santorum.

Friess gave early and he gave big, with $1.6 million in total donations. That allowed the superPAC to put Santorum’s message on TV when the campaign itself was almost broke.

Nor did either Friess or Santorum mention at CPAC that Friess regularly travels and talks with the candidate.

Federal campaign finance laws say superPACs have to be independent, walled off from the campaign when it comes to messaging. Friess talked about it to Reuters TV in February.

“I do dislike the system now. Because, when I give money to the Red, White and Blue Fund I’d be very, very careful, not coordinating with the campaign,” Friess said. “I’d be careful what I say. And I think the best system would be if we all had unlimited free speech and spending our money the way we want, but give directly to candidates. … There’s just too much jumping through too many hoops.”

A government affairs lobbyist with the liberal watchdog group Public Citizen says Friess demonstrates just how weak the campaign finance laws have become.

“When you see Foster Friess showing up at Rick Santorum rallies and at the same time providing unlimited funding and presumably direction to the Santorum superPAC, you know it literally means that the contribution limits have been gutted,” said Public Citizen’s Craig Holman.

Friess declined to be interviewed for this piece. One reason was that NPR wouldn’t agree to air the interview unedited.

Friess has a long history of giving to Republicans, and his first recorded contribution to Santorum was in 1993.

He made his fortune as a fast-moving investor in the 1980s and 1990s. He became a Christian in 1978, and he told Wyoming Public Broadcasting two years ago that his religion set the stage for his philanthropy.

“I invited the Lord to become chairman of the board of my life, which has been a huge part of my life. And from that point forward, I realized that my health, my family, all my treasures including my entire bank account wasn’t mine, it was his,” said Friess.

Friess has sent millions of dollars in donations to Haiti, New Orleans and Asia for disaster relief. He gives to Christian charities through the National Christian Foundation.

Islamic groups that advocate nonviolence get money from him, and so do local charities around Jackson Hole, Wyo., where he has a home.

Friess also makes frequent calls for more civility in politics, and more unity.

“I think the wealthy people and the people on the lower income rungs are coming together in a unity, which is exciting, because we’re sick and tired of the divisiveness that’s been generated in our country,” Friess said during his February interview with Reuters TV.

Of course, Romney supporters criticize the Santorum superPAC for the attack ads against Romney, ads that they believe are prolonging the Republican primary fight and making it more divisive.

Overall, money from Friess accounts for about one-quarter of the superPAC’s ads. [Copyright 2012 National Public Radio]

Leave a Reply

5AM to 9AM Morning Edition

Morning Edition

For more than two decades, NPR's Morning Edition has prepared listeners for the day ahead with two hours of up-to-the-minute news, background analysis, commentary, and coverage of arts and sports.

Listen Live Now!

9AM to 10AM The Takeaway

The Takeaway

A fresh alternative in morning news, "The Takeaway" provides a breadth and depth of world, national and regional news coverage that is unprecedented in public media.

View the program guide!

10AM to 11PM On Point

On Point

On Point unites distinct and provocative voices with passionate discussion as it confronts the stories that are at the center of what is important in the world today. Leaving no perspective unchallenged, On Point digs past the surface and into the core of a subject, exposing each of its real world implications.

View the program guide!

Upcoming Events in your area (Submit your event today!)

Streaming audio and podcasts

Stream KOSU on your smartphone

Phone Streaming

SmartPhone listening options on this page are intended for many iPhones, Blackberries, etc. with low-cost software applications available to listen to our full-time web streams, both News on KOSU-1 and Classical on KOSU-2.

Learn more about our complete range of streaming services

We're perfecting the patient experience - Stillwater Medical Center