The fall out from Arnold’s bizarre decision to add the scold of Omaha to his campaign team continues. Conservative gubernatorial candidate Tom McClintock is now claiming that contributions to his campaign surged after remarks from Buffett that suggested that the billionaire was “pining for the days people lost their homes because of spiralling property taxes”. Well, there may be just a little bit of hype there, but Buffett should remember this old adage: when an adviser becomes the news story, it’s time for that adviser to quit.
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About the Author
Andrew Stuttaford is the editor of National Review's Capital Matters.
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