The hundred days are happening now. That's the real headline on President-elect Obama's series of news conferences and his announcements of intended administration policy, such as an economic stimulus package. We don't really have to wait till after the inauguration on Jan. 20 for the new administration to begin. What the Obama transition has become is historically unprecedented. He is filling the vacuum created by a collapsed incumbency and an acute economic crisis. He is moving forward with what looks like a high, if ad hoc, awareness of the delicacy of the situation. He can't seem presumptuous or aggressive: "We only...