Rae Is Out....as per my prediction...

It is now OFFICIAL you heard it here first...Bob Rae is OUT..... I was bang on with my predictions that once Dominic LeBlanc bowed out of the race there would be a lot of pressure on Rae to also bow out for the good of the Party.... and he did....and he and Dion deserve a lot of credit from fellow Liberals....
Rae abandons leadership bid; Ignatieff next Liberal chief
The Canadian Press OTTAWA — Michael Ignatief will be the next leader of the federal Liberal party. The Canadian Press has learned rival candidate Bob Rae told confidantes during a teleconference call today that he is withdrawing from the race. It now rests with the party executive to find a way to install Ignatieff that meets with the approval of the majority of Liberal party members. The Toronto-area MP will become the third Liberal leader in five years — possibly as soon as Wednesday’s caucus meeting. Ignatieff has been cool to the idea of replacing the Conservative minority government with a Liberal-NDP coalition. Current party leader Stephane Dion announced Monday he will step aside as soon as a replacement is chosen.