If Time is going to feature a woman breastfeeding on its cover to foment attention for its magazine, Newsweek apparently isn’t going to sit still and allow Time to get all the attention.

On this week’s issue of Tina Brown’s Newsweek magazine, President Barack Obama is adorned with a rainbow halo, with the headline “The First Gay President,” an obvious play off commentary that former President Bill Clinton was “the first black president.”

The cover promotes the story by Andrew Sullivan, who admitted on his Daily Beast blog and on this weekend’s “The Chris Matthews Show” that the announcement was a very emotional one for him.

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