[EternalVigilance]

Where has anyone said that Buffett is going to "head up" Arnold's economic team?

Aug. 13 (Bloomberg) --Arnold Schwarzenegger, the actor who is running for governor of California, said billionaire investor Warren Buffett will be the financial and economic adviser to his political campaign, the campaign said in a statement.

Singular.

[My2Cents]

The Bloomberg report is wrong. First, no one running for a major office like Governor of California has one economic advisor. Second, are we seriously to believe that Warren Buffett is to take off from whatever he does (counting his money, no doubt) to become a FULL TIME advisor on economic matters for a candidate for Governor? What I heard this morning is that Buffett is part of a panel of advisors -- one voice, not the only one -- on economic policy.