America’s New Shrink

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Therapist-in-Chief: The President explains the details of his $778 billion stimulus package to a crowd in Mesa, Arizona

If Ralph Waldo emerson had a 19th-century Facebook page, his “Favorite Quotation” (or maybe I should say my favorite Emerson quote) would likely be: “Events are in the saddle and tend to ride mankind.”

For the last six months, events have been in the saddle of the world economy and they might ride us for quite a while. Every day seems to bring bad news, with more on the way. Will commercial real estate crash next? Is General Motors toast? Dow 5,000, anyone?

When President Obama was sworn in, the stock market dropped. When he signed the largest economic recovery package in American history last week, the Dow plunged nearly 300 points. His widely panned bank rescue plan and even his better-received housing rescue plan both laid eggs on the Street.

Obama says he doesn’t worry too much about short-term market swoons, and he’s right not to. Who elected greedy gamblers to represent us? But the market is now based less on assessments of specific companies than on reaction to the federal government. And that reaction, cascading down to Main Street, is a fair reflection of the nation’s pessimistic mood. The new president is popular and refreshing, but still well short of transformative. For all of the legislative achievements of his first month in office, Americans have not yet had their faith in the future restored.

What’s a president to do? If he starts in with the happy talk, he sounds like John McCain saying “the fundamentals of the economy are strong,” which is what sealed the election for Obama in the first place. But if he gets too gloomy, he’ll scare the bejesus out of the entire world. The balance Obama strikes is to say that things will get worse before they get better, but that they will get better. Now he must convince us that’s true.

Conservatives smell blood. The Republican National Committee issued a press release saying Obama’s first month was all about “wasteful spending, failed bipartisanship and questionable ethics.” Columnist Charles Krauthammer called the $787 billion stimulus package “a legislative abomination,” and Karl Rove wrote that “the more Americans learn about the bill, the less they like it.”

Polls say otherwise. The public likes the signs of action, respects that the new president is willing to admit error and appreciates his constant reminders that there are no easy cures to what ails us.

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Alter: Barack Obama, Bringer of Confidence | Newsweek Politics | Newsweek.com.

At 100, NAACP fights to keep struggle alive – Race & ethnicity- msnbc.com.

Feb. 12 (Bloomberg) — President Barack Obama paid tribute to his hero, Abraham Lincoln, at a celebration for the reopening of the theater where he was slain.

“Despite all that divided us — North and South, black and white — he had an unyielding belief that we were, at heart, one nation, and one people,” Obama said last night at Ford’s Theatre in Washington. “And because of Abraham Lincoln, and all who carried on his work in the generations since, that is what we remain today.”

Obama, the nation’s first black commander-in-chief, often invokes the name and symbols of the assassinated president who ended slavery and brought the U.S. through the Civil War. Both men rose from the Illinois state legislature to the highest office in the land and both built reputations as skilled political orators.

The reopening of Ford’s Theatre after an 18-month refurbishment coincides with a celebration of the 200th anniversary of Lincoln’s birth. Obama, 47, who took the oath of office on Lincoln’s bible, will travel to Springfield, Illinois, today to mark the bicentennial.

Obama and his wife, Michelle, joined politicians and Ford’s Theatre donors to watch a series of songs, readings and speeches performed by celebrities such as Ben Vereen and Kelsey Grammer.

The theater also unveiled a videotape, to be shown at its museum, in which the four living past-presidents — George W. Bush, Bill Clinton, George H.W. Bush and Jimmy Carter — recited Lincoln’s Gettysburg Address, accompanied by Matthew Brady’s Civil War images.

Empty Presidential Box

The Obamas watched from the front row alongside House Speaker Nancy Pelosi. None of the nation’s leaders have sat in the presidential box since John Wilkes Booth shot Lincoln there during a performance of “Our American Cousin” on the evening of April 14, 1865.

The event was a retrospective of Lincoln’s life, from his humble beginnings described by James Earl Jones’s baritone to Vereen’s impassioned reading of the Emancipation Proclamation without the prompter, which broke mid-show.

The highlight for the audience of about 650 was classical violinist Joshua Bell’s “Variations on Yankee Doodle,” which was by turns playful and mournful.

Broadway singer Cheryl Freeman gave an electrifying rendition of a song from the play “The Civil War,” followed by Audra McDonald, Jessye Norman and Joshua Bell for “The Battle Hymn of the Republic,” which earned a standing ovation.

Host and actor Richard Thomas called the facility the most-famous theater in America, which had morphed from a scene of tragedy into a symbol of Lincoln’s legacy.

Lincoln Medal

The gala event included the presentation of the Lincoln Medal given each year to someone whose work, accomplishments and attributes “exemplify the lasting legacy and mettle of character embodied by the most beloved president in our nation’s history,” Ford’s Theatre said. This year, the recipients were filmmaker George Lucas and actor Sidney Poitier.

In the aftermath of the assassination, the government bought the theater, which dates to 1861, from Ford for $100,000 and gave it to the War Department for use as storage space and an Army Medical Museum.

At one point, the interior collapsed, so now only the exterior walls are original. In the 1960s, the theater was rededicated as a memorial to Lincoln, and the National Park Service used historic photographs and contemporary accounts to reconstruct the box and the theater as it looked that night. Almost a million visitors pass through every year.

Red Upholstery

The theater has just 658 seats, done up in red upholstery. Lincoln’s box sits just above stage left. On the balustrade is one of the few surviving artifacts from that time, an engraving of George Washington.

The renovation was part of a larger $50 million fundraising effort known as the Abraham Lincoln Bicentennial Campaign that’s also supporting the building of a new education center. The campaign benefited from a $5 million donation from Exxon Mobil Corp. and $2.5 million from the State of Qatar, the theater said.

Other donors included AT&T Inc., BP America Inc., General Dynamics Corp., Toyota Motor Corp., AMR Corp.’s American Airlines and Lockheed Martin Corp., according to Ford’s Theatre.

Bloomberg.com: Arts and Culture.

Doors reopened: Michelle Obama greets audience members at Ford’s Theatre, which celebrated Abraham Lincoln’s bicentennial.

The Ford’s Theatre Society held a star-studded reopening to celebrate the bicentennial of Lincoln’s birth and award film greats George Lucas and Sidney Poitier with Lincoln Medals. The invitation-only ceremony was held at Ford’s Theatre, where Lincoln was assassinated in 1865.

CBS News anchor Katie Couric and actors Kelsey Grammer, James Earl Jones, Ben Vereen, Jeffrey Wright and Audra McDonald gave a presentation of Birth and Rebirth, a tribute to Lincoln. David Selby (Falcon Crest‘s Richard Channing) portrayed Lincoln. Jessye Norman performed the Battle Hymn of the Republic with McDonald and violinist Joshua Bell. Richard Thomas (The Waltons‘ John Boy) was the evening’s host.

“There’s a lot of history in this building,” said director Lucas, 64. Lincoln “was a great man, and he served our country in a very difficult time.” As for Obama’s first weeks, “it’s nice that he started off on the right foot. Things are actually happening.”

Poitier, 81, was still moved by the election of a black president. “I never thought I would live long enough (to see one), which is an example of how far we’ve come,” the Oscar-winning Lilies of the Field actor said.

Grammer, a Republican, expressed support for Obama. “I support all presidents,” he said. “They have a very difficult job.” And, he said, “it brings a tear to my eye every time I see him on camera.” As for Lincoln, “he gave his life so that a president like Obama could come along.”

Jones, the Great White Hope star and voice of Darth Vader, talked about missing Obama’s inauguration, but added, “I figured I’d meet up with him somewhere along the way.”

Jones was right. At the end of the tribute, Obama spoke to the audience about Lincoln. “He had an unyielding belief that at heart we are one nation and one people. … That is what we remain.”

Ford’s Theatre packs in stars, and Obamas, for reopening