The Note

Sen. Paul Sarbanes (D-MD) is scheduled to give the noon ET keynote address for the Center for American Progress's "Economic and Policy Implications of the Housing Bubble" in Washington, DC.

Real-Estate mogul R.C. Tolbert hosts an inaugural gala honoring Senator-elect Jim Webb (D-VA), Rep. Steny Hoyer (D-MD), and others at 6:00 pm ET at the Show Place Arena in Upper Marlboro, MD.

At 10:00 am ET Gov.-elect Charlie Crist (R-FL) participates in a bipartisan meeting of Florida's congressional delegation in Washington, DC.

Judicial Watch holds a discussion at the National Press Club on "Hillary and the Presidency: Ethics, Policy, and Bill" at 2:00 pm ET in Washington, DC.

On Saturday, Louisiana holds its runoff with all eyes on the outcome of Rep. Bill Jefferson's (D-LA) contest in the second congressional district.

From 6:45 pm - 8:00 pm ET, Sen. Evan Bayh (D-IN) attends a meet and greet reception hosted by his All America PAC in Manchester, NH.

Today and tomorrow Gov. George Pataki (R-NY) meets with former Republican governors in New York City to discuss the future of the party. Gov. Pataki appears on Fox News at 2:30 pm ET for a live interview.

On Sunday, Sen. Barack Obama (D-IL) makes his inaugural trip to New Hampshire -- which will likely garner a bit more network television coverage than Sen. Bayh's trip to the Granite State this weekend. Sen. Obama signs copies of his book at 10:00 am ET in Portsmouth, then attends a 2006 election celebration with the New Hampshire Democratic Party in Manchester, NH at 4:15 pm ET. (You may have heard that the event is sold out with more than 1,500 people expected to attend.)

Also on Sunday, Rep. Duncan Hunter (R-CA) attends a reception at the Symposium Cafe in Spartanburg, SC at 4:00 pm ET. Spartanburg's largest industrial firm (Milliken and Co.) is reportedly quite fond of Rep. Hunter, according to a Palmetto State GOP source.

Along with many of you, The Note will spend its holiday season awaiting the shaking out of who's in and who's out in the 2008 presidential field and looks forward to returning on January 2, 2007 - a mere 12 months before the voting begins. Thanks much for your readership in 2006. Have a wonderful holiday season and a happy new year. Until then, please be sure to enjoy our 2006 archives to catch up on any Notes you may have missed: LINK

Politics of Iraq:

The Washington Post's Peter Baker and Robin Wright report that President Bush "expressed little enthusiasm" for the central ideas in the ISG Report. LINK

The Los Angeles Times breaks down exactly what parts of the report President Bush took issue with at his press conference with Tony Blair yesterday. LINK

The San Francisco Chronicle's Carolyn Lochhead sees a post-ISG report President Bush who is running out of people to turn to for political support and denying his denial of the woes in Iraq. LINK

Bill Nichols of USA Today reports on some of the Iraq Study Group "skeptics" up on Capitol Hill. LINK

In an exit interview with Kathy Kiely of USA Today, Rep. Henry Hyde (R-IL) tells the newspaper, "We need to find a way to get out of Iraq that doesn't cover us with dishonor." LINK

U.S. military commanders in Baghdad are advancing a plan to increase the number of American troops involved in training Iraqi soldiers, report the Wall Street Journal's Greg Jaffe and Neil King Jr.

Be sure to go back and read Sen. Gordon Smith's (R-OR) floor speech on Iraq yesterday.

The economy:

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