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Templeton Contributes $1 Million to Counter Soros
NewsMax ^ | 6/27/04 | NewsMax

Posted on 06/26/2004 11:45:32 AM PDT by wagglebee

Famous financier Sir John Templeton has donated $1 million through his foundation to a political group that will encourage political conservatives to vote this November.

Templeton’s significant donation is another sign the hotly contested 2004 race may turn out to be a battle of billionaires for the hearts and minds of Americans.

The John Templeton Foundation, launched in 1987 by philanthropist, author and financier Sir John Mark Templeton, has earmarked the donation to kick-start an independent-expenditure group that will “counter the millions of dollars being spent to attack and discredit President Bush by leftist organizations such as those supported by billionaire George Soros, Hollywood liberals and others,” according to the group’s president, Colin A. Hanna.

The group, “Let Freedom Ring,” aims to zero-in on the conservative evangelical voter, a voting constituency that could be a major factor in the November election.

An estimated four to six million frequent churchgoers did not vote on Election Day in 2000, and getting back that lost vote could be critical for President Bush to defeat Democrat John Kerry in November.

According to Hanna, a Republican and former Chester County, Pa., commissioner, Let Freedom Ring will promote “a positive political philosophy based upon respect for Constitutional principles, economic freedom and traditional values.”

“We think that Americans are basically positive and optimistic, and want to be inspired rather than repelled by politics. That’s why Let Freedom Ring will not engage in negative personal or partisan political attacks,” added Hanna.

“We want to reach out to patriotic Americans, especially people of faith, and encourage them not to let mud-slinging by the left turn them off to our political process,” said Hanna.

Hanna’s organization is headed by a four-member board of directors that includes Templeton’s son, Dr. John Templeton, a retired pediatric surgeon.

Battle of the Billionaires

Billionaire George Soros and others who have targeted President Bush for defeat in November have reportedly pledged to spend hundreds of millions of dollars to relentlessly attack the incumbent.

Soros is a major backer of MoveOn.org, which has cranked out political advertising that included two TV spots that endeavored to compare Bush and Adolph Hitler.

Soros has already admitted he was attempting “regime change” in the U.S. by donating more than $16 million to so-called “527” political groups. He told the Washington Post he might even consider spending his $7 billion fortune if he thought he could defeat George Bush for sure.

Though Sir John Templeton’s $1 million donation pales compared to that of Soros, the men leading these unprecedented efforts to influence an American election share similarities.

Both are wealthy men who made their fortunes in finance and later turned to philanthropy.

Today, the 91-year-old Templeton lives in Nassau, the Bahamas.

In 1992, Templeton sold his widely respected Templeton Funds in 1992. He turned from finance to philanthropy using his own John Templeton Foundation, which had been established in 1987.

But until his $1 million donation to Let Freedom Ring, Templeton had largely avoided politics. His foundation supports to the tune of $40 million a year causes relating to spirituality and religion.

His foundation is best known for its annual Templeton Prize For Progress Toward Research or Discoveries about Spiritual Realities. Winners – who receive the largest cash award of such prizes -- have included Dr. Billy Graham and Mother Teresa.

Not An Attack Campaign

For his part, Hanna claims that the new group’s media efforts would not mirror MoveOn.org and “will not engage in attacking Senator Kerry the way those organizations attack President Bush.”

“Instead,” pledges Hanna, “we will promote the basic values of freedom, fairness, compassion, responsibility and global leadership that distinguish America as the ‘shining city on a hill’ that President Reagan spoke of so proudly.”

The new group plans television commercials, videos, documentaries, web campaigns, voter registration drives and citizen mobilization efforts that will “inspire a new generation of Americans to participate actively in our political process by reminding them of the issues that we all care about,” said Hanna.

“We think that American voters are tired of negative campaigning and deceptive attack advertising, and that they will quickly embrace a new player on the political field committed to a positive, upbeat, optimistic presentation of political issues,” Hanna added.

"We are not anti-Kerry," said Hanna. "We are pro certain conservative things."

“Religious conservatives are a unique kind of ‘swing voter,’” Hanna opined. “They don’t swing between Bush and Kerry, but between Bush and not voting.”

Hanna says his organization will eventually raise $10 to $30 million, with most funds being used for grass roots organizing in 12 targeted states, including Pennsylvania and Ohio.

His group is already preparing a documentary about President Bush’s religious faith which he plans to release this summer on DVD.

By some estimates, as many as 6 million evangelicals who attend church regularly did not vote in 2000.

Some Republican operatives believe that religious vote will be key for Bush winning re election this year.

According to a survey last month of 1,260 registered voters by the California-based Barna Research Group, evangelical Christians make up seven percent of the population and 86 percent of them expect to vote for Bush in November.

The survey determined that 88 percent of evangelicals are likely to vote, and also represent “the population segment most supportive of the president’s performance in office -- 89 percent give him a favorable evaluation.”

Not everyone is happy with Hanna’s efforts.

The Rev. Barry Lynn who leads Americans United for the Separation of Church and State, says Let Freedom Ring is a brazen effort to mix religion and politics.

"This is one more massively funded effort to achieve (Bush strategist) Karl Rove's stated goal of getting 3 (million) to 4 million more Christian evangelical voters to the polls." Lynn reportedly said.


TOPICS: Business/Economy; Culture/Society; Front Page News; Government; News/Current Events; Politics/Elections
KEYWORDS: 527groups; barrylynn; campaignfinance; christianvote; evangelicals; letfreedomring; pacs; soros; templeton
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"We are not anti-Kerry," said Hanna. "We are pro certain conservative things."

Templeton certainly shows a lot more class than the immigrant Soros does.

1 posted on 06/26/2004 11:45:32 AM PDT by wagglebee
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To: wagglebee
"This is one more massively funded effort to achieve (Bush strategist) Karl Rove's stated goal of getting 3 (million) to 4 million more Christian evangelical voters to the polls." Lynn reportedly said.

If they're legal, eligible voters, who cares.

Better they vote than not vote.

2 posted on 06/26/2004 11:53:36 AM PDT by xzins (Retired Army and Supporting Bush/Cheney 2004!)
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To: wagglebee

It won't be long before democrats start screaming about how unfair it is.


3 posted on 06/26/2004 11:58:01 AM PDT by cripplecreek (you tell em i'm commin.... and hells commin with me.)
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To: wagglebee

Holy Cow!

Soros and the left's annointed monopoly is being challenged with conservative big $$$. This will be fun to watch!

Stand-by with the Thorazine.


4 posted on 06/26/2004 12:01:09 PM PDT by BluSky (“Don’t make me come down there.”)
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To: BluSky

Won't be long until the ketchup money starts pouring.


5 posted on 06/26/2004 12:03:52 PM PDT by wagglebee
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To: wagglebee

That ketchup color will be pouring 'red' or 'green'.

Time will tell.


6 posted on 06/26/2004 12:07:22 PM PDT by BluSky (“Don’t make me come down there.”)
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To: wagglebee

Which is why I will only be buying Hunt's.


7 posted on 06/26/2004 12:17:24 PM PDT by Paul Atreides (Didn't your father tell you that unnecessary excerpting will make you go blind?)
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To: Paul Atreides
Which is why I will only be buying Hunt's

I've always only bought Hunt's ketsup

8 posted on 06/26/2004 12:28:27 PM PDT by Kaslin
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To: wagglebee
Won't be long until the ketchup money starts pouring.

This is exactly the kind of comment Templeton wouldn't ever make. (I remember him decades ago on Wall Street Week. Also I think I made a little money from his funds. Very little -- sold too soon.)

Anyway, as documented in previous threads, Mrs. Kerry has little money in Heinz stock or bonds, and Heinz executives strongly lean towards the GOP.

9 posted on 06/26/2004 12:37:57 PM PDT by Steve Eisenberg
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To: Steve Eisenberg
Anyway, as documented in previous threads, Mrs. Kerry has little money in Heinz stock or bonds, and Heinz executives strongly lean towards the GOP.

My comment about "ketchup money" referred to the original source of Mrs. Kerry's money, not the stocks, etc. where it is presently invested.

10 posted on 06/26/2004 12:44:45 PM PDT by wagglebee
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To: wagglebee; Happy2BMe; xzins
The Rev. Barry Lynn who leads Americans United for the Separation of Church and State, says Let Freedom Ring is a brazen effort to mix religion and politics. "This is one more massively funded effort to achieve (Bush strategist) Karl Rove's stated goal of getting 3 (million) to 4 million more Christian evangelical voters to the polls." Lynn reportedly said.

And the so-called Rev. Lynn objects to this why? Votes are seeds that we sow for a future harvest! Evangelical Christians had better start sowing good seeds!

11 posted on 06/26/2004 1:01:58 PM PDT by TrueBeliever9 (Life is uncertain. Ride your best horse first. Unknown but sounds like John Wayne.)
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To: Paul Atreides

It's Del Monte or Red Gold for me....these days.


12 posted on 06/26/2004 1:06:03 PM PDT by wardaddy (It may take at least 1,000,000 deaths on US soil to bring America to a true war footing....sadly.)
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To: wagglebee

Nice to see one of our own doing the right thing.

From humble beginnings in Winchester Tennessee (about 65 miles due south of Nashville below Monteagle) to knighthood.

Born in 1912...wow!

I salute you Sir!


13 posted on 06/26/2004 1:08:41 PM PDT by wardaddy (It may take at least 1,000,000 deaths on US soil to bring America to a true war footing....sadly.)
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To: wagglebee
The Rev. Barry Lynn who leads Americans United for the Separation of Church and State, says Let Freedom Ring is a brazen effort to mix religion and politics.

Bugger off you wanker. What kind of preacherman are you anyhow?

14 posted on 06/26/2004 1:14:21 PM PDT by wardaddy (It may take at least 1,000,000 deaths on US soil to bring America to a true war footing....sadly.)
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To: wardaddy
What kind of preacherman are you anyhow?

I'm guessing (and will somebody please correct me if I'm wrong) he's a leftist preacher who is only to happy to have 'Rat politicians speak at is church services and then pass the collection basket for them.

15 posted on 06/26/2004 1:18:40 PM PDT by wagglebee
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To: wagglebee

He's a secularist....like a Unitarian.

He and the ACLU and Morris Dees worked together in ALabama against Moore and do the same all over the country against nativity scenes and whatnot.

He will probably be a part of the secular Jewish crusade against the Texas GOP plank at some point if it can garner enough airtime.


16 posted on 06/26/2004 1:22:54 PM PDT by wardaddy (It may take at least 1,000,000 deaths on US soil to bring America to a true war footing....sadly.)
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To: wagglebee

UCC ordained...figures.

and a lawyer...big lefty.


17 posted on 06/26/2004 1:24:37 PM PDT by wardaddy (It may take at least 1,000,000 deaths on US soil to bring America to a true war footing....sadly.)
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Comment #18 Removed by Moderator

Comment #19 Removed by Moderator

To: Netanya
There was no Anti-Semetic intent to my comment. Perhaps I should have referred to him as non-U.S. citizen (I believe your comment that he was an American citizen was incorrect).
20 posted on 06/26/2004 2:42:23 PM PDT by wagglebee
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