Two nights ago, the New York Times threw a party in honor of what has become an historic moment of monolithic proportions: the hand over of power from George W. Bush to the patron saint of post-modern cultural synchronization, Barack Obama. The party was held at the New Museum and featured a swirling sea of socialites and medialites all raising a celebratory glass of cheer to this wondrous occasion. In attendance were the gorgeous and gregarious Bonnie Morrison, writer Derek Blasberg, Fox News' Hunter Ryan, funny man John Leguizamo, Gawker founder Elizabeth Spiers, CNN's Poppy Harlow, and Guestofaguest.com's Rachel Hruska, who arrived arm and arm with socialite Stephanie Wei (who just returned to the city from a long hiatus in suburbia). Highlights of the fete included throw-back straw political hats; red, white, and blue mini cupcakes; and a Facebook photo booth, which automatically uploaded images to the larger-than-life social network. All in all -- aside from fact that it was insanely, insanely crowded -- spirits were high and everyone left happy and well sauced. Perhaps due to the fact that we as a nation are finally out of the deep, dark, and scary political woods. Rejoice, my friends, it's Obama Time!!