
Barack Obama's historic election has launched the biggest global gift shop since JFK and Elvis.
Tee-shirts, coffee cups and posters are selling wildly in stores, web sites and alleyways across America. Washington D.C. Metro is selling a commemorative five-dollar farecard for ten bucks. A life-size peel-and-stick Obama poster goes for $89.95. The Obama "That One" Mino camcorder goes for $179.99. An Obama Yes We Can wall clock, $24.95. A framed, autographed 8x10 photo, $868.55. A 15-inch model of Obama's airplane, $280. An Obama Swarovski Crystal Rhinestone tee, $36.00.
The Franklin Mint is on back-order for its collectible 50-cent piece with an Obama-Biden sticker on one side - price $19.95 plus shipping. Trademark applications are pouring in for things like "Broccoli Obama" and "ObamaLand." Even Obama's official campaign website is still pushing product, offering deals like an official Democratic National Convention Water Bottle sale priced at only $6.00 ("You save $6.00!").
And then there's the hyper-cheesy, incessantly advertised Change Has Come! Victory Plate, which is indeed a plate decorated with a picture of Obama looking stage left and bearing the official seal of the "American Historic Society," which doesn't really exist. Order now and you'll also receive the "special commemorative stand to perfectly display your Victory Plate!" It's just a little plastic plate holder, of course. But to millions of Americans, it's Victory. Only $19.95, limit two.
Washington Post writer Howard Kurtz notes that the nation's news media have played a big part in merchandising the President-elect for profit. ABC and USA Today are pushing books, and NBC News is selling a DVD titled, "Yes We Can: The Barack Obama Story." Newsweek offers a picture-book, "Obama's American Dream" and a Time Magazine cover depicted Obama as the new FDR. The New York Times has heralded the coming of "Generation O" in its ad-driven fashion section.
"What's troubling here goes beyond the clanging of cash registers," Kurtz writes. "Media outlets have always tried to make a few bucks off the next big thing. The endless campaign is over, and there's nothing wrong with the country pulling together, however briefly, behind its new leader. But we seem to have crossed a cultural line into mythmaking."
Maybe he's right. But on the other hand, ObamaMania might get Americans spending more this holiday season, prompting banks to open up their business credit lines so retailers can order millions more Victory Plates. Who knows. America's recession might start to turn around thanks to the economic stimulus of Obamacession.
We Americans know how to make markets out of myths. That's just history.
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