JOAN RIVERS "OUTS" MICHELLE (AND BARACK) OBAMA! - UPDATE

“You know Michelle is a tr*nny,” she went on. “A transgender. We all know.”

UPDATE 7/7/14:

A representative for Rivers released the following statement to CNN from the comic about her remarks to the photographer:

"I think it's a compliment. She's so attractive, tall, with a beautiful body, great face, does great makeup. Take a look and go back to La Cage Au Follies (sic). The most gorgeous women are transgender. Stop it already ... and if you want to talk about 'politically correct,' I think this is a 'politically incorrect' attack on me because I'm old, Jewish, a woman and a 'hetty' -- a heteosexual ... and I plan to sue the reporter who, when he turned off his camera, tried to touch me inappropriately on the a** - luckily he hit my ankle. Read the book ... if you think that's silly, wait to (sic) you see what I say about FDR and Eleanor!"