ARNOLD UPDATE….Warren Buffett has signed on to advise Arnold Schwarzenegger on financial and economic topics. Who knew they were pals? Not me.

This should be a positive thing for Arnold. On the other hand, reshuffling his campaign staff and hiring a bunch of Pete Wilson’s friends is more problematical. Wilson has a large reservoir of unpopularity in the state, especially among minorities, and this might backfire. Hopefully his campaign gurus can make up for this by being really good campaign gurus.