The bigger the job the smaller the ability

I must be one of the few politicians who really value the freedom of the press and their ability to expose the way the elite do business. Look over the last few days and you can see how many of the so-called world class professionals running our banks and big corporations know little about what they are doing. It's no surprise we are in trouble. It appears appointments and decision making is done in the great halls of power where schmooze and influence count much more than ability. A few moments of self-congratulatory back-slapping and posh nosh at a party and the job's yours. Politicians call for a meritocracy, yet they are all right in the middle of giving and taking jobs regardless of competence and prudence. God help us.

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