Is She Nuts!?: Joan
Rivers Calls President
Obama Gay, First Lady

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Joan Rivers is at it again, this time joking that President Obama is a gay man, and calling the First Lady transgender, but as a compliment.

Oh Joan.

The 81-year-old funny lady was asked by a cameraman earlier this week if she thought this country would ever have a gay president, and responded, "We already have it with Obama, so let's just calm down."

She then clarified her statement, so to speak, by saying, "You know Michelle is a tranny."

"A transgender," she added. "We all know. It's okay."

Joan later said the transgender comments were made as she is in awe of the First Lady's height and remarkable toned body.

That Joan, she sure is something.