This just in, surprisingly, from the late Sir Arthur Sullivan...
After reading the ongoing expense scandals involving our MPs a connection has as last been been made !!
IEP obviously stands for the "Incidental Expense Provision" aka The MP's Gravy Train
Or to paraphrase what my colleague Mr Gilbert once wrote...
When in that House M.P.'s decide,
If they’ve a claim or an allowance, too,
They’ve got to make that claim, beside
The Fees Office did go and tell 'em to.
But then the prospect of a lot
Of rich M. P.’s in close proximity,
All claiming for themselves, is what
No man can face with equanimity.
Then let’s rejoice with loud Fal la – Fal la la!
That Nature always does contrive – Fal lal la!
That every Hoon and every Hogg
That’s flipped a home or cleaned a moat
Is either someone we’d like to flog
Or else a person who’s lost our vote!
Fal lal la!
To the tune of 'When all night long', from Iolanthe