Here in Southern California we have been hearing a lot lately about the current economic downfall we have been experiencing. Houses are being foreclosed upon at an all-time high rate, the unemployment rates continue to rise, and poor little boys and girls can hardly afford to go to Disneyland anymore. Sad day! This economic downturn is not only effecting CA, but the rest of the nation as well. As I’m sure you read, the big three auto makers went back to congress to once again beg for a 14 billion dollar buyout (of their poorly run companies). Thanks goodness that congress once again shot them down… they will eventually give in though. These happenings are just a few examples of the signs of the times.
As a baseball fan, I’m glad to see that the current economic situation has not effected the Yankees. It amazes me that they continue to spend at an alarming rate. Just this week (in the midst of economic chaos in our country) they offered CC Sabathia a $161 million dollar deal. $24 million dollars per year. Not only are these types of contracts bad for baseball in general, they are a bad example to set for a country in peril. Personally, I hope this move comes back to bite the almighty Yankees… luckily, most of the moves they have made over the last few years have.