· Join Harry Shearer as he throws George W. Bush a going-away party at Largo. He'll perform selections from his Grammy-nominated album, Songs of the Bushmen.

Enough of those supporting actors and actresses—let's get to some bigshots! The Best Actress category could go five for five with A-list female stars, but is the most famous contender the likeliest to get shafted?

[The U.S. Capitol inaugural stage where Barack Obama will be sworn in as the 44th President of the United States tomorrow; pic via Getty]

1/18 — Flying into Salt Lake outta LAX: Mr. Sundance himself STEVEN SODERBERGH and wife JULES ASNER (ahh the pre-Seacrest, E! glory years), and tokin', smokin', vampin', Joan Jettin' Twilight star KRISTEN STEWART.

Most of America has today off, but the stars never stop working on your future. Granted, the constellations might occasionally take a long lunch to return a dress, but they always feel guilty about it.

Look, everyone's a little excited about the inauguration. Here's a snapshot of a media elite which just won't shut up, in 140 characters or less:

Sinking ship Portfolio has one less expensive contract to worry about. Matt Cooper, formerly the D.C. bureau chief of Time, has joined web outfit Talking Points Memo.

The Doors are the subject of the new documentary When You're Strange, which premiered over the weekend in Park City. Bring on the survivors! Wait, that's them?

Hey, it's true! Mercede Johnston really did leave that MySpace message saying Sarah Palin considers her "white trash" just because her bro Levi knocked up Bristol and her mom Sherry is a pill-popper.

Even in commercials, you'll never escape Jimmy Fallon. [B&C]

All of a sudden Slumdog Millionaire, Danny Boyle's "love letter" (ugh) to Mumbai, is the frontrunner to take the top award at next month's Academy Oscars Awards for Movies and Things. Bet on it!

Jennifer 8. Lee of the New York Times spent 1,523 words debating whether her paper used the very first emoticon in 1862 when it printed the text of an Abraham Lincoln speech.

Spread—in which Ashton Kutcher graphically screws his way to the middle in Hollywood—is surely one of the most commercial films at Sundance this year. It is also like Shampoo, but for awful people.

Only one day left to make symbolic gestures at a lame duck! Echoing an Iraqi journalist who threw shoes at President Bush in Baghdad last month, protesters hurled footwear at Dubya in effigy this afternoon.

1/18 — While cruising the Santa Monica Farmer's Market for breakfast, spotted DAMIAN LEWIS. Haven't seen his latest series but recognized him from Band of Brothers. Cute, doting dad and seemed comfortable with the crowd. He was waiting to put one of his small children on the miniature pony rides (note to Farmer's Market organizers: Please move the ponies farther away from the Omelet Guy). He looked good, but shorter than expected (both the actor and pony). [Hollywood PrivacyWatch is written by and for Defamer readers; send your sightings to tips@defamer.com.]

A hedge-fund customer is born every minute. A money manager who promised incredible returns is on the lam. Bernie Madoff? No, it's Art Nadel of Sarasota, whose clients think he stole $350 million from them.

The ubiquitous cutout of Barack Obama that's popped up in so many photos recently has suspiciously light-skinned mitts. At least, some people think so. Plus, those aren't his glasses. What is this conspiracy?

Coming into Sundance, we had a feeling the coming-of-age dramedy An Education would probably be pretty good. But as 282 lucky ticketholders at Sunday's premiere soon discovered, "good" isn't the half of it.

Mike Tyson isn't your typical Sundance star, and neither is the toast he gave at this dinner in honor of Tyson, the James Toback-directed documentary he stars in.

Last Friday the New York Times sent out a memo telling staffers it's cracking down on expenses across the board. Sunday it published Maureen Dowd's (expensed) account of three days at Canyon Ranch resort. Huh: