Barack Obama threw an exclusive "backyard bash" on the Fourth of July, with hot dogs, Stoudt's American Pale Ale, and entertainment by the Foo Fighters. Politico's Mike Allen rated an invite, but he doesn't really want you to know that.

Less than four months after he "broadened" the Wall Street Journal's Page One desk, promoting P1 editor Mike Williams to deputy managing editor and giving him oversight over investigative re porting, Journal editor Robert Thomson is again reorganizing the storied team. Williams, a pre-Thomson veteran once rumored to…