Aah, yes ... Peter Mandelson exposes the underlying truth about the Trots.
We failed because of Ed's "anti business" stance, he said.
And then, in essence ...
We need to go back to impersonating the Conservatives.
If we dress like the Tories, behave like the Tories, and adopt policies like the Tories, then we will get back in power.
Err, yes.
Which just illustrates the point ...
The need for a Labour Party has gone. The whole concept of a Labour Party is utterly obsolete.
So Peter, instead of going back to being Tories in red ties, go back to Labour HQ, pull down the blinds, lock the door, and go home.