On Saturday I washed and waxed the Whale. Big mistake. I had injured my back in October and apparently 5 months isn’t enough for a back to heal when you’re on the wrong side of 50. Just the slightest twitch left or right results in agonizing pain. Agonizing pain causes nausea. Nausea causes you to either not eat, or eat unhealthy “comfort” food.
Talking about which, I found a machine in the garage for making smoothies. It is kind of a mini-blender. F*ck smoothies. I just used it to make a chocolate milkshake using chocolate ice cream and milk. All the docs have to offer me is happy pills, happy pills that I despise because they interfere with my ability to think (been there, done that, many years ago when I originally injured my back). That chocolate milk shake did more good than all the bloody happy pills the docs can prescribe.
Finally, Ben Bernanke has a blog. Ben got a lot of grief from both the left and the right for his policies during the Great Recession. The left insisted he wasn’t doing enough, the right insisted his policies would create runaway inflation (yeah right, where’s that inflation again, right wingnuts?) But his policies arguably were the difference between a severe recession, and a replay of the Great Depression. While you can count me as one of his critics from the left, in that I thought he should have done outright helicopter drops, he had a fine line to thread and it’s arguable that if he had resorted to helicopter drops, the Fed’s independence could have been stripped from it and the Fed turned into yet another arm of the Republican Party with an agenda of crashing the economy for the political gain of Republicans. The Fed likes to pretend that it’s above politics, but the threat of stripping its independence and turning it into a political tool for the ruling party is always there, and so politics inevitably limits its freedom of action.
My hope is that Bernanke, now free of the requirement to thread the needle between left and right wingers who want to strip the Federal Reserve of its independence, will come out and talk about the policies we really need to get the economy back to the point where it’s good for all people, not just the 1%. Like it or not, Bernanke has a platform due to his history as Fed chairman. Let us hope that he uses this platform for good, not evil.
– Badtux the Hurting Penguin