Does he also believe in the tooth fairy?

The BBC website faithfully records:

"Foreign Secretary Jack Straw has insisted that peerages are not for sale under the Labour Government.
He spoke out after Chai Patel, the head of the Priory rehab clinics, revealed he had loaned Labour £1.5m weeks before being nominated for a peerage."

And the Loch Ness monster was a passing elephant which decided to go for a swim, Sir Ian Blair records his telephone conversations because he's worried he might forget something and Tessa Jowell finds the printing on the mortgage application too small to be bothered reading it.