Mr Osborne hasn't had the courtesy to tell me personally, of course, but he's just taken another £500 of my money and given it to the Portuguese banks. No doubt my hard-earned wedge will provide a decent lunch for a couple of Lisbon bankers, or buy a night in a Brussels hotel for one of them. Together with the £500 he's taken from each of five of my neighbours, we've even funded a decent suit for one of them.
Given that the ECB is bankrupt, and every respectable financial commentator believes the Greek, and probably Portuguese and Irish governments as well, will default, making this 'loan' more of a gift, two questions are in my mind. Firstly, for how much longer will Osborne throw my money into this blatent Ponzi scheme? And secondly, how much longer will I stand for it?