Placenta Party

Q: My wife and I are considering eating the placenta after our baby is born.  We are doing a water home birth and learned that this is a guaranteed way to ensure a long and successful life for our baby.  I have not found any credible information about this online and when we asked our doctor he said not to do it.  I know the doctor is an idiot, so how do we go about this?? A: Oh boy.  Or girl.