President Obama compares Bank CEO salaries to ballplayer salaries

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Obama’s smooth. Look how he slams Carlos Zambrano and Vernon Wells without even mentioning their names:

President Barack Obama said he doesn’t “begrudge” the $17 million bonus awarded to JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon or the $9 million issued to Goldman Sachs Group Inc. CEO Lloyd Blankfein, noting that some athletes take home more pay.

The president, speaking in an interview, said in response to a question that while $17 million is “an extraordinary amount of money” for Main Street, “there are some baseball players who are making more than that and don’t get to the World Series either, so I’m shocked by that as well.”

Paul Krugman predictably goes nuts, arguing that unlike bankers in this day and age, ballplayers aren’t beholden to taxpayers and the government. Krugman lives in New York, I presume. Guess he doesn’t get up to the Bronx or over to Queens very often, because there sit a couple billion dollars worth of public largess that does indeed benefit the ballplayers and the men who employ them. And that’s before you get to the government-granted antitrust exemption.

But that’s a nit, I suppose, because I generally agree that bank CEO pay is horrifying. It’s just that when it comes to criticizing it with baseball analogies I’d take a different approach than Krugman does. For example, I might note that in baseball, unlike in banking, you get punished for gambling.

(thanks to Pete Toms for the links)

Dexter Fowler becomes first black player to play for the Cubs in the World Series

CLEVELAND, OH - OCTOBER 25:  Dexter Fowler #24 of the Chicago Cubs reacts after striking out in the first inning against the Cleveland Indians in Game One of the 2016 World Series at Progressive Field on October 25, 2016 in Cleveland, Ohio.  (Photo by Tim Bradbury/Getty Images)
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The last time the Cubs were in the World Series was 1945, two years before Jackie Robinson broke the color barrier in baseball. As such, until Tuesday night, the Cubs never had a black player play for them in the World Series.

Dexter Fowler changed that, leading off the ballgame at Progressive Field against the Indians. Fowler was made aware of this fact three days ago by Rany Jazayerli of The Ringer:

Fowler, in that at-bat, went ahead in the count 2-1 but ended up striking out looking on a Corey Kluber sinker.

Drew Pomeranz does not need arm surgery

BOSTON, MA - OCTOBER 10:  Drew Pomeranz #31 of the Boston Red Sox throws a pitch in the fifth inning against the Cleveland Indians during game three of the American League Divison Series at Fenway Park on October 10, 2016 in Boston, Massachusetts.  (Photo by Maddie Meyer/Getty Images)
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Red Sox lefty Drew Pomeranz was of limited utility during the postseason as he began experiencing soreness in his left forearm near the end of the 2016 season. There was some thought that he might need offseason surgery but Pomeranz was examined by doctors who determined that he does not need any surgery, Evan Drellich of the Boston Herald reports. President of baseball operations Dave Dombrowski said:

He has seen the doctor, the doctor looked at him. I can’t really disclose totally everything that was done, but the doctor said no surgical procedure and the doctor feels he will be ready for next spring training for us.

Pomeranz, 27, finished the 2016 regular season with an aggregate 3.32 ERA and a 186/65 K/BB ratio in 170 2/3 innings between the Padres and Red Sox. He operated out of the bullpen during the playoffs, allowing two runs on four hits and two walks with seven strikeouts over 3 2/3 innings.

The Red Sox acquired Pomeranz in a trade with the Padres in July. It was a trade that earned Padres GM A.J. Preller a 30-day suspension from Major League Baseball, as he reportedly kept two sets of medical records in order to deceive trade partners.