BREAKING NEWS:  GOV. SPITZER HELD A PRESS CONFERENCE AND RESIGNED AT 11:30 TODAY, WED. MARCH 12, 2008.

The buzz is constant.  Will Governor Spitzer resign?  If so, when? According to some sources Spitzer’s wife is encouraging him to stay in his position.  The latest thinking is that there will be an announcement sometime this morning. 

Wednesday “began with anticipation that the departure of Mr. Spitzer, a first-term Democrat, was imminent and that Lt. Gov. David A. Paterson would assume his job. But it ended with the New York political world in a suspended state, as cries — even from fellow Democrats — grew louder for the governor to step down. Several aides said they expected him to resign on Wednesday, but none knew for certain what would happen.”

“According to aides, the governor also contemplated the possibility of impeachment charges and the legal ramifications of not resigning. But he was faced with little support among Democrats in the Legislature, with whom he has had an often contentious relationship.”

““An impeachment proceeding would force Democrats to either abandon him or defend him,” said one leading Democrat. “They would abandon him.””
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