You see, when calculated agains the total GOVERNMENT debt, £1.5bn in RBS banking bonuses, while reprehensible, is a piddling small sum. Perhaps even piffling. The most deserving recipient of an overdraft letter is, of course, the man who holds (at least officially) responsibility for our current, staggering Budget deficit.
The Right Honourable Alistair Darling MP,
Dear Mr Darling
I write in respect of your current Overdraft, which has now reached unsustainable levels. With your total borrowings expected to rise above £792bn by the end of the current fiscal year, your overdraft is expected to total £1.5 trillion. When viewed against a GDP of approximately £1.4tn, it is clear to see that your uncontrolled expenditure is at serious risk of exceeding not just your taxation income, but the total income of all of us.
I am disappointed to note that despite numerous warnings, you have so far failed to curb your uncontrollable spending. This has currently led to a personal deficit of £17,000 for every man, woman and child in this Benighted Kingdom.
You will no doubt be shocked and surprised to hear that we, the British Taxpayers, do not take kindly to your playing 'fast and loose' with our finances and the futures of our children. Neither, Sir, will we accept the disingenuous attempt to shift focus away from your profligacy and onto the RBS Bonus payments. I would respectfully submit that decisions made by this Labour Government since 1997 have placed both public and personal finances in a parlous state from which they will not soon recover and, when viewed in the light of over a trillion pounds in Government debt, £1.5bn is a small and largely insignificant sum.
As we, sadly, are not permitted to charge the Government for their Overdraft, we the British Taxpayers will charge you in the only way we can. We will remove that on which you rely most - our consent to your Government.
A Disgruntled British Taxpayer