Nick Cannon: Oscars Ain't Worth Our Time

Nick Cannon is lashing out at the Oscars for giving black actors the shaft this year, but unlike other protesters, Nick struck back ... in spoken word.

Nick penned, and then recorded, the poem/rap that covers the entire Oscars controversy -- including a shout-out to Chris Rock. Nick supports him hosting the show, saying ... "Hell, yeah, I'm gonna watch that ceremony where they gonna let a black man be the Master for at least two hours."