A 50-50 race for the White House?

Bill Kristol says Republicans are just as likely as Democrats to win the 2008 presidential election, despite the outcome of the 2006 election.

Kristol offered his thoughts about next year’s race during a John Locke Foundation Headliner luncheon today in Pinehurst.

• Watch this extended clip to learn Kristol’s assessment of the main presidential contenders from both major parties.

9:30 p.m. update: Watch the entire speech here.