"So while the rest of us are tightening our belts and bracing for the worst, the Yankees are opening a state-of-the-art, $1.6 billion stadium. While the executives at AIG are held out as venal masters of destruction and shamed into giving up their bonuses, the Yankees are spending $423.5 million on three players. While the housing market tanks and nobody will buy so much as a pair of socks unless they’re 75 percent off, the Yankees dished out two and a half times more money this off-season than the rest of the American League combined.
It’s not that the Yankees didn’t take their licks, just like the rest of us have. Last year, the Yankees missed the playoffs for the ﬁrst time since 1994, when there were no playoffs. But their response was not to cower, or to reevaluate their methods, or to try to play by the same rules as the rest of the world. They did not renounce their ways: They went all-in. Downturn in the economy? Hey, screw that. That’s loser talk. You see those three top free agents they have there? We’ll take all of them, thank you. The Washington Nationals built a brand-new stadium and watched attendance fall to half-capacity by the second game? Pshaw, like we’re the freaking Nationals. The rest of baseball cutting ticket prices and slashing the payroll? More for us, please!"