GEOFFREY Bulmer (HAS, Jan 18), along with many of your left-supporting letter writers, follows Gordon Brown in blaming banks and the US for the budget deficit.

Mr Brown ran an average £30bn deficit in his last four years as Chancellor. He continued to spend more than even the Labour thieves could take in all of the taxes which they have brought in.

As far as I can remember, and it is a long way, none of the bankers or mortgage providers were standing on the throats of borrowers, private or commercial, forcing them to take loans which they must have known left their personal or corporate finances on a knife’s edge.

The man is a charlatan, and his supporters are either still blinded by his smoke and mirrors, or terrified that when the General Election comes and a change of government occurs, the truth will out.

Dennis Clark, Billingham.