python and virtualenv problems after Mountain Lion upgrade

Mountain Lion (Mac OS X 10.8) moved my cheese in the form of the following error: Traceback (most recent call last): File “<string>”, line 1, in <module> ImportError: No module named virtualenvwrapper.hook_loader virtualenvwrapper.sh: There was a problem running the initialization hooks. If Python could not import the module virtualenvwrapper.hook_loader, check that virtualenv has been installed […]