So Adair Turner is to be the new head of the Financial Services Authority. He is the man who was tasked with chairing a commission on the future of the pensions industry, you may recall. Gordon Brown then proceeded to ignore virtually all his conclusions and recommendations. And did the noble Lord utter any complaint? He did not. He's now got his reward with a further five year sinecure. That's how you get on in the world of quangocracy.
This comes hot on the heels of Chris Smith's appointment as head of the all powerful Environment Agency. I would love to know his qualifications for this post as I don't recall him being especially interested in or knowledgeable about environmental issues when he was MP for Islington. The only environmental issues there are how long their sun dried tomatoes and polenta take to prepare. Joke.