On October 25, 2005, a humble man of mythic proportions, Jay Thomas changed the world (and Webster’s dictionary) when he coined the term "Bernankular" to honor new Fed Chairman, Ben Bernanke. Understand and follow the man behind the madness and help us as we make Greenspeak a thing of the past.

Wednesday, October 26, 2005

Mmmmm doughnuts

Feeling a strange bond now to this Mr. Bernanke as the term Bernankular slowly replaces "the" as the most popular word in the English language, Jay Thomas decided today to start reading some of the Chairman-elects speeches and musings. In a speech Gov Bernanke gave at the Annual Meeting of the American Economic Association, Philadelphia, Pennsylvania January 7, 2005, he commented on his role in administration, "[sic] I served seven years as the chair of the Princeton economics department, where I had responsibility for major policy decisions such as whether to serve bagels or doughnuts at the department coffee hour."

Mr. Thomas shook his head, "Politics, man. It took him 7 years to decide between bagels or doughnuts? Isn't the choice clear? Mmmm, tasty doughnuts. I vote for jelly. Hold the Velveeta. And what's with all the coffee? Doughnuts and beer. Policies WILL be made. Next topic."

Mr. Thomas did however appreciate Mr. Bernanke's suggestion that all "that Fed governors should signal their commitment to public service by wearing Hawaiian shirts and Bermuda shorts". "Damn right," Jay could be heard to say, between bits of what appeared to be a Boston creme, "and no shoes."