has George Allen leading all of the Republican contenders for 2008, with John McCain close behind. Romney’s in fifth place. (The Democrats have always been slightly favored to win the White House.) A Democratic win in the New Jersey governor’s race, btw, is trading at 90 cents on the dollar. Fwiw.

About the Author
Ramesh Ponnuru is the editor of National Review, a columnist for the Washington Post, and a fellow at the American Enterprise Institute.
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