Michael Lohan to Dina: I'm Trading Up

5/26/2008 5:33 PM PDT
No wonder these kids are so screwed up: Just a day before Dina Lohan sold out her children for public consumption, Michael Lohan was squiring a pretty young thing he introduced to us as "Lindsay's future stepmom" to Kim K's classy Hamptons party at White House.

We tried getting confirmation from Mike that he and the lucky lady are in fact engaged, but haven't heard back.

God bless their children.