THE NOTE: Short on Funds, Can Edwards Compete?

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Here's something that will make Democrats' weekend (and beyond) a little more pleasant. The California Republicans' electoral-college scheme -- the one that would essentially cede the GOP an extra Ohio -- is in "shambles," its consultants quitting and its major donor defecting after being named publicly, the Los Angeles Times' Dan Morain reports. "Backers said Thursday that they believed the measure was all but dead, at least for the 2008," Morain writes. Says Chris Lehane, who's organizing efforts to make sure it's dead: "We will treat this the same way Ronald Reagan treated the Commies -- trust but verify."

The Democrats may have their version of the MoveOn.org ad to attack. They're piling on Rush Limbaugh for saying on his radio program that that troops who favor withdrawal from Iraq are "phony soldiers." The statement "has the potential to be equally explosive [as the MoveOn.org ad was], since some troops who are currently fighting in Iraq, and a handful who have died there, have questioned the war in the media," Talking Points Memo's Greg Sargent writes. By last night, Democrats were condemning Limbaugh on the House floor.

If John Dean thinks what President Bush has done is "worse than Watergate," where does that put Giuliani on his scale? "If a Rudy Giuliani were to be elected," Dean tells Huffington Post's Jon Wiener, "he would go even farther than Cheney and Bush in their worst moments."

Don't miss Jenna Bush tonight on ABC's "20/20," as she sits down with Diane Sawyer for her first TV interview. On why she doesn't worry about her father's poll numbers: "Because nobody knows him as a person. I mean, he's my father. I separate it, you know? He's a different person to me than what they portray him as. He's a totally different person. I think that's normal, I mean, he's my dad."

The kicker:

"Next step? . . . Maybe have some of my opponents' legs broken?" -- McCain, discussing the dinner he shared this week with "Sopranos" star James Gandolfini.

"The story didn't end up fully satisfying." -- GQ Editor Jim Nelson, on why he killed a story on "Hillaryland," per Howard Kurtz of The Washington Post.

"GQ told me the Clintons were unhappy and threatened to revoke access to Bill Clinton if the Hillary story ran." -- Joshua Green, on why he was told his story on "Hillaryland" was killed.

NOTES FROM THE NOTE

It's The Note -- video edition. Check out "Notes from The Note" today on the "World News Webcast," with highlights and lowlights from the week in politics. The Webcast airs live at 3 pm ET at http://abcnews.go.com/WN/, and is available online and through iTunes any time after that.

Bookmark The Note at http://abcnews.go.com/Politics/TheNote/story?id=3105288&page=1.

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