Sharon Osbourne Says, F*** That, James Franco Should Go to Oscars with His D*** Out!!!

Sharon Osbourne was true to form Wednesday night ... blasting people who think James Franco should hide in shame on Oscar night.

We got "The Talk" co-host in WeHo leaving Craig's with fellow talker Julie Chen, and Sharon was incredulous that Franco is taking heat for allegedly pushing his then-girlfriend's head into his lap with his exposed penis.

Sharon thinks James is great -- what he did is what people do in relationships, and anyone who disagrees is ridiculous.