Constitutional Reform and Governance Bill

I cannot believe what I am hearing. The logic of what the Secretary of State says is that we should replace hereditary peers with appointed peers. Some of us think that we should get rid of the whole shooting match, because a revising Chamber is unnecessary. Surely the appointment process is just as besmirched as the idea of hereditary peers. Can he tell us how many Labour peers have been appointed because they gave considerable amounts of money to the Labour party?