Lady Gaga Wears ... Frankly, We Have No Idea

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Lady Gaga let it all hang out, as she always does, at Monday's Council of Fashion Designers of America (CFDA) Awards at NYC’s Alice Tully Hall.

The pop star, known for her outrageous get-ups, wore what appears to be a short blue/green wig and a dress with a sheer top that barely held up.

Minka Kelly Emmys Dress

It appears that several inches of fabric may be missing from the frock. We'd call that Lady Gaga cleavage, but it's more full-on breast action:

ALWAYS A TREND-SETTER: Lady Gaga makes a simultaneous run at the World's Lowest-Cut Dress and World's Tallest Heels records.

Gaga was honored with the CFDA's Fashion Icon Award, and delivered a poignant speech about the impact fashion has on her young fan base.

"Fashion means so much to them," Gaga told the high-brow crowd.

"It's really hard to talk about," said the Born This Way singer, a New York native. "I have always felt like I had made it before I had made it because of all of you, because it was all of you that made me feel like I was a star."

[Photo: WENN.com]

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BRITNEY SPEARS IS QUEEN OF POP> NOT GAGA.GAGA IS WEIRD

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I love u gaga come to missippi some times xoxoxo kiss hugs i hope you come p.s. Can i go on stage with you gaga i live i missippi wavland in wayview place apartments hope you r coming=)=) =)=)p.s. I like your dresses . Your fan, dill@n $tiglet

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she's totally an icon! Haters just don't get it. Haters can keep bein ashamed. Gaga for the future!

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BARF!!!!!!!!!!!!!!! She is far from an icon. A disaster is more like it.

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it's amazing! but not hot! at all. it's bizzare......

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I absolutely LOVE this entire outfit, from the wig to the shoes.