Congratulations to Susan for being the first person to suggest a word. However, as this word already exists Susan, it's really a no-go. Frieda and I are interested in those words that escape the normal boundaries of dictionary definition please.
Schlendrianocratie, as I am sure all our readers are aware means bungling bureaucracy in German- though this fell out of common use about 200 years ago, so no marks to Susan then. It was a nice try and we are most grateful for your entry, however, if you could play by the rules next time dear.
My colleague Frieda will be cataloging our first entry proper on the first day of the new year, or should that read New Year! We would like to take this opportunity to wish you very well for 2009. Just remember to take plenty of water with it- a lesson Frieda had failed to grasp over the years, the office party 1989 being a case in point. God love her.