The dreaded sequestration, which was designed expressly for the purpose of being so intolerable that lawmakers would have no other choice but to pass a compromise spending plan, is set to go into effect on Friday, with no compromise in sight. For New York State, as with just about every other state, that would mean furloughs for thousands of government employees and across-the-board cuts to government programs. -- Albany Times Union, and Bloomberg video above The Metropolitan Transportation Authority…