All That's Missing Is the Popcorn

Come one, come all, to the greatest political show of the fall, as Arnold Schwarzenegger vies to run California. Inside his surprising decision--and why it would be a mistake to write off his chances

It's too bad there's not an Academy Award for head fakes. As Arnold Schwarzenegger prepared to step onto the Tonight Show stage last week, Jay Leno asked him how he was going to make the expected announcement that he was not going to run for Governor of California. Schwarzenegger murmured, "I am bowing out." And that's what everyone was expecting to hear. In fact, top adviser George Gorton stood at the edge of the set, holding the official statement that began, "I am not running for Governor..." When Gorton offered one last word of regret over the campaign that wasn't to...

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