package cabextract (not installed) failed to install/upgrade: unable to create `/usr/bin/cabextract.dpkg-new' (while processing `./usr/bin/cabextract'): Permission denied. Used sudo

[Abe Massry]

cant install anything, it looks like every package has a dependency on ttf-mscorefonts-installer thinking about re-installing ubuntu, not sure if it is a bug but a bug handler popped up and alerted me so I thought I'd submit it incase anyone else was having the same problem.
ttf-mscorefonts-installer : Depends: cabextract but it is not going to be installed it says to try apt-get -f install.

Here is an example

sudo apt-get install git
Reading package lists... Done
Building dependency tree
Reading state information... Done
You might want to run 'apt-get -f install' to correct these:
The following packages have unmet dependencies:
 git : Depends: liberror-perl but it is not going to be installed
       Depends: git-man (> 1:1.7.9.5) but it is not going to be installed
       Depends: git-man (< 1:1.7.9.5-.) but it is not going to be installed
 ttf-mscorefonts-installer : Depends: cabextract but it is not going to be installed
E: Unmet dependencies. Try 'apt-get -f install' with no packages (or specify a solution).

sudo apt-get -f install
Reading package lists... Done
Building dependency tree
Reading state information... Done
Correcting dependencies... Done
The following extra packages will be installed:
  cabextract
The following NEW packages will be installed:
  cabextract
0 upgraded, 1 newly installed, 0 to remove and 186 not upgraded.
1 not fully installed or removed.
Need to get 0 B/42.2 kB of archives.
After this operation, 193 kB of additional disk space will be used.
Do you want to continue [Y/n]? y
(Reading database ... 169305 files and directories currently installed.)
Unpacking cabextract (from .../cabextract_1.4-1_amd64.deb) ...
dpkg: error processing /var/cache/apt/archives/cabextract_1.4-1_amd64.deb (--unpack):
 unable to create `/usr/bin/cabextract.dpkg-new' (while processing `./usr/bin/cabextract'): Permission denied
Errors were encountered while processing:
 /var/cache/apt/archives/cabextract_1.4-1_amd64.deb
E: Sub-process /usr/bin/dpkg returned an error code (1)

ProblemType: Package
DistroRelease: Ubuntu 12.04
Package: cabextract (not installed)
ProcVersionSignature: Ubuntu 3.2.0-23.36-generic 3.2.14
Uname: Linux 3.2.0-23-generic x86_64
NonfreeKernelModules: nvidia
ApportVersion: 2.0.1-0ubuntu5
AptOrdering:
 cabextract: Install
 cabextract: Configure
 ttf-mscorefonts-installer: Configure
Architecture: amd64
Date: Sat May 19 19:56:28 2012
DpkgTerminalLog:
 Unpacking cabextract (from .../cabextract_1.4-1_amd64.deb) ...
 dpkg: error processing /var/cache/apt/archives/cabextract_1.4-1_amd64.deb (--unpack):
  unable to create `/usr/bin/cabextract.dpkg-new' (while processing `./usr/bin/cabextract'): Permission denied
DuplicateSignature:
 Unpacking cabextract (from .../cabextract_1.4-1_amd64.deb) ...
 dpkg: error processing /var/cache/apt/archives/cabextract_1.4-1_amd64.deb (--unpack):
  unable to create `/usr/bin/cabextract.dpkg-new' (while processing `./usr/bin/cabextract'): Permission denied
ErrorMessage: unable to create `/usr/bin/cabextract.dpkg-new' (while processing `./usr/bin/cabextract'): Permission denied
InstallationMedia: Ubuntu 12.04 LTS "Precise Pangolin" - Release amd64 (20120425)
SourcePackage: cabextract
Title: package cabextract (not installed) failed to install/upgrade: unable to create `/usr/bin/cabextract.dpkg-new' (while processing `./usr/bin/cabextract'): Permission denied
UpgradeStatus: No upgrade log present (probably fresh install)