Friess Checkbook Ready for Santorum

Photograph by Daniel Acker/Bloomberg

Rick Santorum at the Republican National Convention (RNC) in Tampa, Florida, on Aug. 28, 2012.

Investor Foster Friess’s $2 million in contributions to the super-political committee backing Rick Santorum was crucial to allowing the former Pennsylvania senator to continue his candidacy for the 2012 Republican presidential nomination.

If Santorum runs in 2016, Friess says, he’ll be there for him again.

“Rick Santorum has so much potential and so much eagerness to serve our country,” Friess said today at a breakfast sponsored by the Christian Science Monitor. Friess said his donations “allowed Rick Santorum to express views and ideas that the American people needed to hear.”

Santorum won the Iowa nominating caucuses and several primary elections, including Alabama, Louisiana and Mississippi, before losing the presidential nomination to Mitt Romney.

Friess later contributed $100,000 to a pro-Romney super-PAC.

Friess’ donations to the pro-Santorum super-PAC gave him the money to remain in the race longer than if he had to rely on regular campaign donations. Friess said the longer campaign was a boon to the eventual nominee, Romney. “The longer the primary, the more opportunity a candidate has to articulate who he is and what he’s all about,” Friess said.

 

What do you think about this article? Comment below!