New York Gov. Eliot Spitzer has resigned.

It wasn’t unexpected. Since admitting Monday to an unnamed indiscretion—one that was at the same time headlining every front page in the state and led the news on every local and some national TV stations—it was only a matter of time.

This whole thing falls under the “what the heck was he thinking?” category. The guy had it made.

Spitzer first made a name for himself as a prosecutor for Manhattan District Attorney Robert Morgenthau, busting mob rackets such as the Gambino family’s control over the city’s garbage ind...

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