02/22/2009 05:12 am ET Updated May 25, 2011

Chuck Todd On "Colbert Report": Mitt Romney 2012 Front-Runner

On President Obama's first full day in office, Stephen Colbert kicked off the media's 2012 election cycle with a visit from Chuck Todd.

Todd, promoting his book, How Barack Obama Won, declared Mitt Romney the front-runner for the 2012 Republican Presidential nomination.

"If you follow the history of the Republican party," Todd said, "Ronald Reagan finished second in '76, nominee in '80. George Bush finishes second in '80, nominee in '88. History says Mitt Romney will be the nominee in 2012."

Todd also said that if Republicans want to have a shot in 2012, they need to "not only have white people vote for them."