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Foster Friess: Santorum Best Pick to Beat Obama

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Published: Wednesday, 4 Apr 2012 | 9:23 PM ET
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Don’t count out former Sen. Rick Santorum in his bid for the Republican presidential nomination, wealthy backer Foster Friess said Wednesday.

Friess made the comments on “The Kudlow Report” a day after Mitt Romney won primary elections in Wisconsin, Maryland and the District of Columbia — and he exhibited confidence that Santorum could still prevail.

Santorum: Should He Stay or Should He Go?
After Mitt Romney's three-primary sweep on Tuesday, is it time for Rick Santorum to get out of the race? Foster Friess, Friess Associates founder, weighs in.

“If he loses, we’ll deal with that when it comes,” Friess said. “But he’s got a good chance of winning about five or six of the primary events in May. He’s doing real fine in the delegate count if you look at the possibility that Texas might go to winner-take-all, which could have a possibility of having close to a dead-heat if everything falls into place.”

Texas holds its primary May 29. Republican voters in New York and Santorum’s home state of Pennsylvnia head to the polls April 24.

Friess made headlines during February’s contraception uproar when he said, “You know, back in my days, they used Bayer aspirin for contraception. The gals put it between their knees, and it wasn’t that costly.”

Friess reportedly contributed $331,000 to the Santorum-friendly Red, White and Blue Fund at the end of 2011. The Super PAC received an estimated 40 percent of its financing from Friess.

Asked by host Larry Kudlow whether Santorum wouldn’t elevate his position within the Republican party by dropping out and pledging support to the frontrunner, Friess took issue with the idea.

“Well, he wouldn’t be a hero to all the people who think he’s got the best chance of beating President Obama,” he said. “Another one of your competing channels this morning said many people in the Republican establishment don’t believe Romney can beat Obama, and that’s a very serious situation.

“That’s the No. 1 issue: Who can beat President Obama?”

Tune in:

"The Kudlow Report" airs weeknights at 7 p.m. ET.

Questions? Comments, send your emails to: lkudlow@kudlow.com

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Don’t count out former Sen. Rick Santorum in his bid for the Republican presidential nomination, wealthy backer Foster Friess said Wednesday.

   
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  • Kudlow is the anchor of CNBC’s "The Kudlow Report," co-anchor of"The Call" and author of the blog "Money & Politics."