I though that it might be fun to see what the standings would be if Bud Selig had gotten his wish and Montreal and Minnesota had been contracted out if existence. I took the current standings and subtracted out the record of each club against those two.
I know that a new schedule would have been arranged and that probably one team (Milwaukee again?) would have to have gone from the NL to the AL, given that each would have an uneven number (15 in the NL and 13 in the AL). No one mentioned this but contraction would have required another interleague team shift since with an odd number of teams in each league, interleague play would otherwise have to be a daily occurrence in the sport.
Also, the transactions that teams made during the offseason as well as the regular season would differ. The Twin and Expo players would be redistributed throughout the league in some manner prior to the season. If Chicago were now leading the AL Central sans Twins, they would not have started their firesale before the trade deadline. Etc.
So there are holes in the what-if analysis. But anyway, it's all just for fun until someone loses an eye. So here it goes:
The first thing that you notice is that the AL Central becomes a race again. The NL wild card changes hands-the Dodgers are now a full game behind the Giants as opposed to leading them by one-half game. The Red Sox are a bit closer to the Yankees. Aside from those and new battles for third in the AL East and for second in the AL Central (the Royals could be in a pennant race?), there is not a lot of changes.
So unlike George Bailey, it seems that the disappearance of the Twins and the Expos, except for some happy paupers in the AL Central, would not affect the majors as a whole all that much. Sorry Clarence.