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Does Schwarzenegger need to go all the way to Nebraska to get advice like this?:

Buffett said the state clearly had to close the gap between its spending and revenue, whether through spending cuts or taxes.

"That has to happen someday," Buffett said. "The earlier you get there the better."

Buffett said allowing deficits to accumulate would leave the state overburdened by its interest costs.

"You close it up one way or another. It's up to Arnold to decide which things to cut and where to make changes in revenues," he said.

Unbelievable. And this:

Buffett's new political role left at least one Berkshire Hathaway investor cold.

"I'm a little disappointed," said Nancy Black, member of an investment club in St. Joseph and one of the estimated 1,300 people who attended Friday's furniture store opening. "I think it's such a circus out there. I'm surprised he became involved in it."

Asked about Black's concern, Buffett said his attention remained steadfast on Berkshire and its businesses.

I'm concerned that Schwarzenegger's advisors are empty vessels (see below).

A series of questionable campaign appointments will quickly give California voters the first impression that Schwarzenegger is a dumb actor, out of his element and in over his head.