Former California Governor ARNOLD SCHWARZENEGGER is developing a new superhero called The Governator, which . . . naturally . . . will be based on his life. He's working on the project with comic book legend STAN LEE.

--The Governator will have his own comic book and animated TV series . . . both of which are expected to be out sometime NEXT year.

--Arnold tells "Entertainment Weekly", quote, "When I ran for governor and I started hearing people talking about 'the Governator,' I thought the word was so cool.  The word 'Governator' combined two worlds:  The world of politics and the movie world."

--Stan Lee adds, quote, "We're using [Arnold's] wife.  We're using his kids.  We're using the fact that he used to be governor.  Only after he leaves the governor's office, Arnold decides to become a crime fighter and builds a secret high-tech crime-fighting center under his house in Brentwood."

--Of course, The Governator will face-off against recurring villains, including "an evil organization called 'Gangsters Imposters Racketeers Liars and Irredeemable Ex-cons,' or G.I.R.L.I.E. Men for short."

(--It's unclear what superhero capabilities The Governator will have that the real Arnold doesn't, but it'd be kinda cool if 'balancing a budget' is one of them.)

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