FBI arrests Obama ally

And, no, it's not Bill Ayers:

Gov. Rod Blagojevich and his chief of staff John Harris were arrested today by FBI agents on federal corruption charges.
Blagojevich and Harris were accused of a wide-ranging criminal conspiracy that included Blagojevich conspiring to sell or trade the Senate seat left vacant by President-elect Barack Obama in exchange for financial benefits for the governor and his wife. The governor was also accused of obtaining campaign contributions in exchange for other official actions.

No word yet on whether Blagojevich will face grand larceny charges for stealing Mike Nesmith's hairstyle from 1967.

UPDATE: More from CNN:

"The breadth of corruption laid out in these charges is staggering," U.S. Attorney Patrick Fitzgerald said in a statement. "They allege that Blagojevich put a 'for sale' sign on the naming of a United States Senator; involved himself personally in pay-to-play schemes with the urgency of a salesman meeting his annual sales target; and corruptly used his office in an effort to trample editorial voices of criticism."

And yet the feds say nothing about Mike Nesmith's hair -- another Bush-Cheney cover-up!

UPDATE II: Michelle Malkin has more, including a link to the original indictment. But Michelle doesn't mention the Nesmith hair issue, leading me to suspect a neocon conspiracy. Of course, whenever bad things happen to Democrats, it's always a neocon conspiracy.

UPDATE III: Slublog at AOSHQ:

Given the level of anger Blagojevich displays toward Obama in this complaint, my suspicion is that the president-elect gave his old buddy the cold shoulder after the election, and this scheme was Blagojevich's response to being shut out. Weapons-grade stupid.

And Monkees-grade hair.

UPDATE IV: Patty F---ing Blagojevich.

UPDATE V: "Senate Candidate 5" in the indictment is probably Jesse Jackson Jr., says Marc Ambinder.

UPDATE VI: Look for the union label. You know, if they'd just throw in some mobsters, adultery, espionage and treason, I could sue Blagojevich for plagiarism.

UPDATE VII: Press conference video via Hot Air:

"The absolute lowlight? Blago trying to shake down a children’s hospital for a $50,000 kickback in exchange for $8 million in state funding."