Will.i.am-Perez Hilton Fight Captured on Video

Early this morning, an altercation between Perez Hilton and will.i.am of the Black Eyed Peas led to an arrest - and left both parties steamed and pointing fingers.

Well, a video of the incident that ended with an assault on Perez Hilton has now surfaced - and the blogger clearly be heard calling will.i.am a "f**king f*ggot."

The footage begins in the middle of the verbal altercation outside an after-party for the MuchMusic Awards in Toronto, Ontario. This is moments after Perez says will.i.am went after him like a "heat-seeking missile" and unleashed a verbal tirade.



With a crowd surrounding Perez, will.i.am and the Peas' manager Polo Molina, the guys argue back and forth for about a minute, until Perez tells will.i.am:

"You're not a f**king artist ... you're a f**king f*ggot!"

Classy. The scene suddenly turns chaotic - and in the mess someone punches Perez in the face. Polo Molina was arrested for the alleged assault, for which Hilton initially blamed will.i.am and said he was hit "two or three times."

will.i.am also posted a video blog saying he never hit anyone.

Here's the video of the Perez Hilton-will.i.am altercation.

IRS Fed Up with K-Fed

Feeling the pinch from rescuing myriad financial and automobile companies, it looks like the U.S. Government is asking for a bailout of its own - from Kevin Federline.

K-Fed is gonna have to spend some of his babysitting money to pay the IRS - something most of us do on time to begin with, and isn't really that difficult, is it?

The IRS has slapped a lien on Federleezy to the tune of $14,371 in back taxes. And despite falling off the map since 2006, it's not like he's not makin' any bank.

Federline is pulling in $20,000 most months - and $30,000 this months, with Britney Spears on tour - for babysitting their kids, Sean Preston and Jayden James.



Our advice to K-Fed? Knock up Victoria Prince as soon as possible, then get child support from her to watch the kid. She must make some money playing volleyball ... right? Actually, better find and impregnate some rich chick instead.