The official photo of our first lady, Michelle Obama, 49, was released on Thursday morning, and I must say that she looks beautiful. Wearing a three-quarter length sleeve dress in navy, designed by Michael Kors, Mrs. Obama recently revealed the back story of her infamous bangs that she debuted during the Presidential election. "This is my midlife crisis. I couldn't get a sports car. They won't let me bungee jump. So instead I cut my bangs here," she explained to Rachel Ray on her daytime talk show." Not only is Michelle intelligent, but she also has a great sense of humor!