I know how decent and honest Communists must have felt with the Stalin showtrials and the Soviet invasions of Hungary and Czechoslavika.
In those cases, such Communists must have just felt so let down. You spend your time believing in something - say socialism and a classless society - and some crisis or emergency comes along and every principle is discarded.
Like many Tories and economic liberals, I have defended the principle of wealth in the city (rather than sex in the city, though I have so many frustrating near-misses for both). After all, those who take risks should be rewarded. And also, one cannot buck the market or deny economic changes.
And then last week happened. The investment banks and the retail banks got it wrong. And so they suffer the downside to the rewards and profits they (according to usual old arguments) they deserved.
This is a proposed state bail out on the most drastic scale. A state intervention refused to mining communities and Midlands car factories. The bail out may well be necessary so as to prevent a greater collapse. There might, as one could say, be a greater good.
Be that as it may: these are extremely disconcerting times for any of those both reflective and right-of-centre.