Warren Buffett hired as campaign adviser

? Arnold Schwarzenegger has hired Warren Buffett as his senior financial and economic adviser in his bid to replace Gray Davis if the governor loses the recall vote, the Republican actor’s campaign announced Wednesday.

Buffett, chairman of Berkshire Hathaway, is a billionaire investor legendary for his financial prowess. He also is a Democrat.

Buffett said in a statement: “I have known Arnold for years and know he’ll be a great governor. It is critical to the rest of the nation that California’s economic crisis be solved, and I think Arnold will get that job done.”