Blair has been endorsed as a future President of Europe by Nicolas Sarkozy, according to the FT. And the non-denial-denials coming out of Downing Street this morning are about as strong as a wilted lettuce-leaf.
Well - he has to pay the bills somehow, and that house in Connaught Square isn't cheap.
No-one has really thought about it yet, but what is the 'package' for the new President going to look like? It would have to be bigger than Barroso's surely - after all we can't have the impression that the civil servants are running the whole show (hint: they are).
Jose's basic is about £180,000 a year, and when he retires he can expect a chunky £120,000 a year pension. So no worries about turning up the gas fire a bit then.
He also gets about £27,000 for accommodation and £7000 for entertaining. There may also be some kind of daily allowance.
Also nice - is the 24-hour chauffeur. You get to pick out a car worth up to £75,000. Barroso, being a red-blooded type, has plumped for an environmentally-devastating VW 4x4 Touareg. Blair would presumably want something a bit greener.
Eventually of course the goal is to have a directly elected US-style president. Indeed, Sarkozy backed a directly elected EU President during the French elections, signing a call for one from the NGO Europanova.
Then there will be the most awesome elections. Imagine the auction of contradictory promises that a European Presidential candidate will need to make to win: a promise of sausages for all in Poland, and compulsory vegetarianism in Holland. A super-sensible calvinist clampdown on drinking in Sweden, and a pledge to introduce a two-drink minimum for driving on the roads of southern Italy.
Only one man can make these kind of paradoxical pledges. We'll certainly be backing Blair against Chirac in 2012.