Here then is what Nick and the people want want to hear when she takes her speech out of the pouch on the throne in the Lords on Wednesday.
My Government would like to apologise to the my subjects for the way it has flagrantly mistreated them, and their money, over their expenses claims. They have listened to One's subjects are will be putting together a programme of wide sweeping reform to remedy this lack of trust, accountability and transparency before they come to One ready to go to the people in the spring.
Over the next seventy days my Government will start by enacting all the proposals of the Kelly Commission without exception. (gasps from those standing at the rear of the chamber). Oh yes you will. (aside: Can One still send them to the Tower?) As many as can be will be in place immediately shall be, the remainder will be enabled ready to come into effect on the resumption of the next Parliamentary session.
My Government realises though that the Kelly Commission report is merely a way of capturing the horse after it has bolted, so is proposing with the rest of Parliaments time to shore up the stable and paddock as well, so that the temptation or ability to bolt in this way is not presentable again to its members.
Therefore My Government will bring to both Houses legislation to curb the power of the whips offices, enabling more power to be placed in the hands of back bench MPs and therefore those of One's subjects whom they represent. Further to this they will present a Bill to set the length of each subsequent Parliament Term to occur on the first Thursday of may every four years thereafter, thus removing the ability of my Government to benefit from a favourable mood in the nation, something which their monarch has never had the ability so to do.
Legislation will also be brought before both Houses to install a Member's code of conduct, including an independent commission to adjudicate on members maintaining of said code. They will then also move a Bill that any Member in serious breach of the code, can when one in ten of their electorate deem fit face a recall election, in which they are entitled to stand either with the backing of their party, or falling that as an independent and any who choose to challenge them on their record.
This brings my Government to the part of how such elections will be carried out. Firstly by the end of this session my Government will pass a Bill to fully elect the House of Lords. The current Life Peers will take on the title of Working Peers. Each party representation will decide amongst their current Membership, by lot, three thirds measures of their membership. Their representation will be distributed evenly dependent on electorate across geographical areas in line with the European Election regions. The first third will present themselves to the public in 2012, for election for six years, the subsequent thirds in 2014 and 2016. The same rules of Code of Conduct and for procedure when they are breached shall also apply to One's Working Peers.
Finally my Government proposes to bring legislation to this place and the other place that all elections to seats in this Palace will be contested by proportional representation, using a Single Transferable Vote, for multi-member wards. The first for working peers will be in place in 2012, and the Boundary Commission with draw up 5-6 members constituencies for the lower chamber in time for the election that shall occur on the first day of May in the year of our Lord 2014 D.V. which may be the sixty-second year of One's reign if One is spared.
All this shall come to be for the sake of One's subjects, for sake of restoring trust in My Government and My Opposition and all who deem to represent the people of this United Kingdom in these places.
(At the point Her Majesty adjusted the royal robes, leaned forward slightly in the throne and looked down the chamber to where the Rt. Hon. Gordon Brown, Rt. Hon. David Cameron, Rt. Hon Nick Clegg and other leaders were standing. Looking them in the eye she raised her right hand and pointed the four fingers in their direction) Make it so, number ones.
Update: See also Stephen Tall's reflections at Lib Dem Voice.