The fact that Adscam funds may be traced to find out which Liberals got their paws on the ill gotten booty may be the most important political story of the year. A few thoughts:
The cries of "old news" from Liberals will be cast against the backdrop of their recently flogging the Mulroney horse - which pales in comparison in terms of it being much older news, involving a tiny fraction of dollars, and most importantly, private funds not stolen taxpayer money.
Until the funds are returned the issue remains current. There could very well be liberals in power today who continue to benefit from this crime. The suggestion from Liberals to "just let it go" is tantamount to their saying "just let us keep the stolen money" - a position that will not sit well with the public.
Reviving this issue could well be politically devastating to a party that is desperate to gain traction in the polls. It reminds voters not only of how bad things really got under the Liberals, but serves as a stark comparison to the faux scandals the Liberals have been chasing over the last several years.
Liberals will have to tread very carefully. They've told us the notion of putting a logo on ceremonial checks is of national importance. Surely returning tens of millions of stolen funds back to hard working Canadians is something worth exploring.