I was watching CNBC this morning as I always do, and Donald Evans, CEO of "The Financial Services Forum" was the guest host. Evans was praising our economy saying it was one of the best economies he has ever seen. He went on to say that employment is the best it has ever been, and on and on...

My response is fairly straight forward; "Don't Step in it". I told you a week or so ago that the spinmeisters would eventually start to come out, and begin telling you how great everything is. As I was listening to Evans (without knowing his background), I began to think, "Am I missing something here?", or is Evans not seeing the same things that I am seeing?

As I began to check Mr. Evans background, it became clear that he was in fact one of those spinmeisters. What a relief! I was beginning to doubt myself there for a moment.

Mr. Evans was in fact a member of President Bush痴 economic team, and the 34th secretary of the U.S. Department of Commerce. So much for objective, and independent opinion. Being from Texas, Evans moved to Midland where he began working in the oil industry. Hum... Isn't the Midland area the same place where the Bush family was in the oil business?

After learning all this, I quickly discounted all of Mr. Evans' opinions as spin.

Mr. Evans referenced the employment situation as being all roses. I guess if you are a corporate insider cashing in your millions of dollars in stock and option grants, everything is rosy. But if you are among the 2 million people who have lost your jobs because your factories have been shipped overseas, everything is not rosy. If you are working in the automotive industry, or had a business in New Orleans and along the Gulf Coast, everything is not rosy.

As far as the employment situation, we all have to be raving morons not to realize that most of the new jobs being reported are temporary services jobs. These are temporary jobs to rebuild the Gulf Coast, temporary jobs for retailers during Christmas, and the rest are service jobs like waitresses and bartenders. Oh, super! Those are the kind of jobs that can really provide comfort and security to the nation痴 work force.

Bottomline: "Don't Step in it"