Cubs Chairman Tom Ricketts: … and that’s how I diced up Alfonso Soriano’s contract, bundled it with other toxic assets, and sold it to public employee pension funds.
I love how that line so concisely skewers both the left and right side of the political aisles for their roles in the current screwed up state of our economy.
…and it’s not even a full sentence!
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I’m beginning to think that the future of politics will be like the future of warfare where people won’t fight people anymore; one side’s robots fights the other side’s robots, and whoever’s robot wins, wins.
In politics, each side hires sabermetricians, and the sabermetricians argue each other to the death before they proceed further. People in politics will have to know how to defeat a sabermetrician in an argument, otherwise they’ll suffer the fate of (oxymoron alert) poor Warren Buffett, running into a uppercut from Phil Birnbaum.
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And speaking of baseball and pension funds, Moneyball author Michael Lewis has a new piece in Vanity Fair called “California and Bust.” In it, he interviews San Jose mayor Chuck Reed. I assume when Lewis met Reed they discussed San Jose’s attempt to woo the A’s, but nothing on that topic appeared in the article. The whole article made me pessimistic that any city anywhere in the country could afford to actually get a stadium built for the A’s, but heck, what do I know? Maybe that’s what’s taking Bud Selig so long to decide the A’s fate; it takes time to find a city that can dice up the stadium costs, bundle them with some toxic assets, and sell them back to Wall Street to complete the circle.