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)

Victor Martinez played his final major league game on Saturday

Victor Martinez
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After 16 years in the majors, longtime Tigers DH Victor Martinez capped his career with one final start at Comerica Park. Although there are seven games remaining in the club’s regular season schedule, Martinez said he felt he owed it to the fans to record his final at-bat at home. He’ll still cheer the rest of the team on from the dugout when they hit the road for their last six-game stretch on Monday, though he’s not expected to slot into the lineup at any point during their back-to-back away series against the Twins and Brewers.

In order to commemorate the occasion, the Tigers arranged a pregame ceremony to celebrate the veteran infielder’s seven years with the team, during which they presented him with Topps baseball cards, a recliner, a pair of boots, and a saddle, among other honors. Martinez also put in a special request to play first base, a position he hadn’t manned in over two years.

The 39-year-old didn’t waste a single minute of his final start in the majors. He deftly handled an inning-ending out in the top of the first, then laced a rare infield single to short in his first and final at-bat of the afternoon, beating the throw to first and advancing Nicholas Castellanos to second base in order to set up the Tigers’ first run: a two-out RBI single from Niko Goodrum that brought Castellanos home to score.

“I think that at-bat was the perfect at-bat to describe my career,” Martinez told reporters after the Tigers wrapped a 5-4 win over the Royals. “I had to sweat it out. I had to sweat it out the whole way. I had to grind it. That was my whole career.”

Following the hit — and the standing ovation that greeted it — the switch-hitter was promptly replaced by pinch-runner Ronny Rodriguez, who subbed in at second base in the top of the second while Goodrum shifted from second to first base. Taking Saturday’s performance into account, Martinez polished off his big league career with a lifetime .295/.360/.455 batting line, 423 doubles, 246 home runs, 1,178 RBI, and 28.4 fWAR across 1,973 games and three separate stints for the Indians, Red Sox, and Tigers. His accomplishments at the plate have been decorated with five All-Star nominations, two Silver Slugger Awards, and the designated hitter-exclusive Edgar Martinez Award following a career-best campaign in 2014.