What is Mandelson thinking?

I've been wondering what Peter Mandelson has been doing with all this extending the hand of friendship to the Lib Dems, who they plainly despise.

I think it is this: they are gambling that hyping the Clegg effect even further will pop the bubble sooner.

Mandelson thinks that, if he is clever, he can make the word Clegg synonymous with media hype, with public emotionalism like there was at Princess Diana's funeral. He thinks he can make sophisticated people sneer at the whole thing and distanc...