Use ast.literal_eval to evaluate Python literals. However, what you have is JSON (note "true" for example), so use a JSON deserializer.
>>> import json
>>> s = """{"id":"123456789","name":"John Doe","first_name":"John","last_name":"Doe","link":"http:\/\/www.facebook.com\/jdoe","gender":"male","email":"jdoe\u0040gmail.com","timezone":-7,"locale":"en_US","verified":true,"updated_time":"2011-01-12T02:43:35+0000"}"""
>>> json.loads(s)
{u'first_name': u'John', u'last_name': u'Doe', u'verified': True, u'name': u'John Doe', u'locale': u'en_US', u'gender': u'male', u'email': u'[email protected]', u'link': u'http://www.facebook.com/jdoe', u'timezone': -7, u'updated_time': u'2011-01-12T02:43:35+0000', u'id': u'123456789'}