1. President Obama is in trouble again, this time for having the audacity to wear flipflops while on vacation: “Historians agreed it was the first time they could remember seeing the leader of the free world snapped in a public setting, wearing nothing more than a flimsy strip of rubber on his feet.” [via NYP]
2. “I do believe that people want to believe that someone who deeply cares about the middle class would like to seek public office….We’ve had men who are Ivy League groomed running this country since 1988. We’ve had 22 years of Yale and Harvard and the problems aren’t getting solved.” – Alec Baldwin reveals on tonight’s Parker Spitzer that he’s very, very interested in running for political office
3. Dennis Hopper’s massive art collection — which includes an Andy Warhol screenprint of Mao that the actor notoriously shot two holes in back in the ’70s — is up for auction next week at Christie’s in New York City. [via WaPo]
4. Watch comic book legend Stan Lee — who created or co-created 90 percent of Marvel’s characters — accept a much deserved star on the Hollywood Walk of Fame. [via THR]
5. Attention Ferris Bueller’s Day Off fans with some money to burn: Cameron Frye’s modern glass house is now on the market for $1.65 million. Unfortunately, it does not come with his dad’s 1961 Ferrari, two-fifty GT California. [via Gawker]
Bonus link: Read James Franco’s short story “Yosemite”