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)

Donaldson ejected for kicking dirt on plate after home run

David Banks-USA TODAY Sports
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Minnesota’s Josh Donaldson managed to get ejected while hitting a home run.

Donaldson barked at plate umpire Dan Bellino for the second time in the sixth inning of a 4-3 loss to the Chicago White Sox on Thursday.

With the score 2-2, Bellino called a strike when the 2015 AL MVP checked his swing on a 2-0 pitch from Reynaldo Lopez.

Manager Rocco Baldelli came out to speak with Bellino, and Donaldson homered down the left-field line on the next offering. After rounding the bases, Donaldson kicked dirt at home plate as he crossed it.

Bellino ejected him immediately, and Donaldson, realizing he had missed home plate, returned to the plate to touch it and then argued as he kicked more dirt on it.

Donaldson also had argued with Bellino on a 1-1 breaking ball in the first inning that appeared to be high but was called a strike, leading to a strikeout.

“We need Josh on the field, out there playing, and at third base,” Baldelli said. “That’s when we’re at our best. And so that’s really the end of it. I think we can move past it at his point, and go from here.”