I'd say it's a slam dunk.
After all we have the Al Gore model as a precedent.
http://en.wikipedia.org/wiki/Peter_principle
The Peter Principle is the principle that "In a Hierarchy Every Employee Tends to Rise to His Level of Incompetence."
Then he is awarded a Nobel Pirze.


Then there is the Dilbert Principle:
http://en.wikipedia.org/wiki/The_Dilbert_Principle
The Dilbert Principle refers to a 1990s satirical observation by Dilbert cartoonist Scott Adams stating that companies tend to systematically promote their least-competent employees to management (generally middle management), in order to limit the amount of damage they're capable of doing.
This one's kind of interesting:
Edwards' law — "You cannot apply a technological solution to a sociological problem."
And the ever-popular Callahan's Principle:
Callahan's Principle — You can't argue with stupid. A corollary to Hanlon's razor and Finagle's law, normally taking the form "Never attribute to malice that which can be adequately explained by stupidity."
Not to mention, but I will anyway, the charming oxymoron:
Sturgeon's law — "Nothing is always absolutely so." Derived from a quote by science fiction author Theodore Sturgeon (1918–1985)