@laughoutlood,
laughoutloud,
I am very glad you bring that up for I intended the phrase to incite such a discussion regarding the fabric of history (as in the concept and the field of study). I argue that history never happens. When something (an event) happens, it is not history until the moment is passed. History-in-the-making is more apt to describe what seems to be an historical event, yes, but not until it is over or has moved on in the future can it be acknowledged as history. It therefore happened, as an event is described and analyzed (as we do in study of history) from a point of view of the past, not the present.
Also, to roger, would you then say 'History: It Happened'?