All I can say is it was the present Govt that brought in the current rules that they have been caught flouting twice now, in the case of "cash for honours" they may not have broken the letter of the law, but certainly the spirit.
Now, surprise, surprise "We need new regulations". Ever the battle cry of the cringing morons in charge at the moment, rather than enforce the current, adequate rules, let's make some more!
Kids under 16 smoking, raise the age they can buy to 18 - rather than enforce the 16 limit.
School leavers have no qualifications when they leave at 16, make them stay until 18 - rather than getting a grip on the teachers who are so evidently failing.
Gazzumping a problem? Bring in completely useless HIPS - rather than enforce contract law so that when an offer is made it is binding.
Infantry in Afghanistan and Iraq stretched and undersupplied, RAF flying unsafe planes? Buy a couple of aircraft carriers for £13 billion, Typhoons for £20 billion and some Tomohawk nuclear subs while you are at it. - rather than make a simple decision on which vehicle to buy to stop squaddies getting bits blown off them using inadequate Land Rovers, or maybe procuring enough helicopters to use in Afganistan / Iraq, or even getting the bloody housing sorted for when the poor sods get home.
And on, and on, and on.
"Be Right and Sit Tight" - Jesse Livermore, trading legend...