"We got a black President now ... We can have 'Tropic Thunder' all day."

Jamie Foxx may be the funniest serious actor in Hollywood. The Oscar-winning actor-musician-comedian got his start on the early-'90s sketch comedy show 'In Living Color' (most notably, for his cross-dressing stint as the hilariously skanky Wanda) and went on to star in comedies like 'Booty Call' before Hollywood discovered his dramatic flair.

The actor's shift to serious fare began with 1999's 'Any Given Sunday,' continued two years later with 'Ali' and hit a crescendo with his Oscar-conquering portrayal of Ray Charles in the '04 biopic 'Ray.' Foxx now takes on another challenging-musician tale, 'The Soloist.' He's Nathaniel Ayers, a real-life cello wunderkind whose worsening schizophrenia sinks him into a life of homelessness. L.A. Times journalist Steve Lopez (Robert Downey Jr.) develops a close kinship with the troubled instrumentalist while reporting on his story.

Foxx isn't all serious these days, though -- sometimes he's Sirius, as in his satellite radio show (from which he recently spouted a highly publicized rant on Miley Cyrus). He's also enjoying success with his music career: He's got a single that's currently heating up the charts and boasts a video starring Jake Gyllenhaal and Samuel L. Jackson. Foxx told us about working with Downey Jr., how he rates President Obama so far, where he keeps his Oscar ... and why he may be taking his skankiest character to the big screen.

categories Interviews