Schwarzenegger Walks Road to Oz!
If Arnold were king of the forest!
Reported By: TheARNOLDFANS.com Staff
Monday, May 2, 2005

If there was ever a remake of "The Wizard of Oz" couldn't you imagine Arnold being a cool version of a robotic Tin Man? But in the biggest spin of all, Arnold played the Cowardly Lion!

Shareholders at Berkshire Hathaway Inc.'s annual meeting this weekend got an eyeful as they watched the world's second richest person, Warren Buffett, share the screen with the richest, Bill Gates, and one of the strongest, Arnold Schwarzenegger.

The forum was the traditional hour-long film produced by Buffett's daughter Susie, featuring a compendium of old and new clips, ads for Berkshire businesses, an appearance by "Margaritaville" singer Jimmy Buffett (he is a shareholder), and lampoons of the images of Buffett and his slower-speaking, sharper-tongued, second-in-command, Charlie Munger.

The movie encapsulated this:
Judith Scheindlin, better known as Judge Judy, presided as Buffett sued Gates for $2, accusing him of cheating at bridge. (The judge ruled for Buffett.)

Schwarzenegger, meanwhile, commanded Buffett to do those 500 sit-ups, which he did (appear to) do -- along with 500 push-ups, and a vigorous session on the treadmill and lifting barbell weights.

Gates and Schwarzenegger also co-starred with Buffett in a cartoon spoof of "The Wizard of Oz" titled "The Wizard of Omaha."

Buffett, clad in overalls, sang "Over the Rainbow," somewhat in tune, before a tornado spun him to a colorful land where Gates played the Scarecrow, Munger the Tin Man, Schwarzenegger the Cowardly Lion, and Federal Reserve Chairman Alan Greenspan a wizard who couldn't fix Social Security.

Schwarzenegger retained Buffett as an economic adviser in his successful 2003 campaign to become California's governor. He joked during that campaign that he told Buffett he would have to do 500 sit-ups if the billionaire ever again questioned a popular proposal to cap property taxes.

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TheARNOLDFANS.com Staff