WASHINGTON (CNN) – Gov. Sarah Palin announced Friday that she will step down as Alaska's chief executive by the end of the month. She will not seek election to a second gubernatorial term in 2010.
Palin, a Republican, was elected governor in 2006. She was tapped as Arizona Sen. John McCain's vice presidential running mate last year.
Palin said she was transferring authority to Lt. Gov. Sean Parnell, who will be sworn in on July 26.
"People who know me know that besides faith and family, nothing's more important to me than our beloved Alaska," Palin said at an announcement from her home in Wasilla.
"Serving her people is the greatest honor I could imagine."
Palin added in a statement that she was "determined to take the right path for Alaska even though it is not the easiest path. ... Once I decided not to run for re-election, I also felt that to embrace the conventional 'Lame Duck' status in this particular climate would just be another dose of 'politics as usual,' something I campaigned against and will always oppose."
A Republican source close to Palin's political team told CNN's John King that it was a "calculation" she made that "it was time to move on."
The governor's "book deal and other issues" were "causing a lot of friction up" in her home state, the source said, adding that he believes that she is "mapping out a path to 2012."
Another source, speaking on the condition of anonymity, said that Palin "thinks she has accomplished goals she has set forward. ... She sees what a positive influence she has had on people's lives from traveling the country in the last year."
As the 2008 GOP vice presidential nominee, Palin has been considered one of the front-runners for the next GOP presidential nomination. Her decision not to seek another term as governor is sure to stoke speculation that Palin is seriously eyeing a run for the White House.
In an interview last month with CNN's Wolf Blitzer, Palin said she was unsure about her re-election bid because she needed to focus on her state and her family.
"So, no decision yet on either 2010 or let alone 2012?" Blitzer asked.
"No decision that I'd want to announce today," Palin responded.
– CNN's Peter Hamby, John King, Mark Preston, and Alan Silverleib contributed to this report.
(Updated at 4:45 p.m. with additional information)
This lady is a QUITER!!!!she is showing her true character.. Not good as Govenor no good was a wife, no good as a mother.... Let her sit on ther @!@#$%^&*(O)P
haha... the libs are running scared! The death of this country is by the hands of Democrats and Obama.
By 2012 the people will have decided they want to keep more of their hard-earned money for themselves. That is of course if we the people still have the power to invoke the will of the people.
The haters on both sides come out in force... I may not agree with Obama on every issue, but unless you are a true hater (as some here are, yikes) you can see the country pulling out of its rut.
I simply LOVE when ya'll use the defense that Obama is illegally expanding gov't and is putting us hugely in debt and is an Arab terrorist. Obviouse facts don't stand in your way to promote hate and lies, woohoo! Now if you really had a clue, you definitely could make some good arguments about the economy, etc... and that would only be doing good for the country. But you don't really care about America, you just like being a holes.
I HOPE you all (the 8 or 9 of you who post like 3,000 times) come out in force in 2012, because we will be assured another Obama term, even if the GOP got JESUS to run!!
Love you, muah
She is out of this world, She cant complete a term as governor. 2012 will NOT be your year as well. So moveon and tell the world they made you do it... one tear two tear one more tear. that is all we have good bye........................
She's really good at getting attention. But it's never good to have a sudden change in state leadership, especially during an economic crisis. This is good for her career, whether she's elected president or not, but it's definitely bad for the state of Alaska. Definitely a mark against her character.
Maybe her leaving is David Lettermans fault too.
CBS, Now, Make him say he's Sorry,... Again.
If she runs for national office again, maybe SNL will be funny again...
Woo-hoo....great news for Alaska!!!
What Sarah does is for the benefit of Sarah only. She has shown us that her children including her challenged son, her state/job, her country are not her top priority.
Maybe she'll go back to school to learn how to conduct an intelligent conversation or interview for her next job.
Is she okay to drive?
RH, Bush brought down the country for 8 years... you can have an opinion about obama after you've given him 8 years. Even then, it takes a lot longer to right the wrongs than it does to create the wrongs. One thing is for sure, since Obama has been in office there has not been a terrorist attack on american soil, he's kept us safe.
WHO asked sarah palin what employer offered to beat gov salary?
How would this move help her in 2012?
"Nope, Obama got there first – and spent our children, our children's children, and our children's, children's children into immense, abysmal, fathomless debt."
Wayne Moore – for people like you, does your memory go back before 1/20/09? You clowns certainly don't seem to remember anything prior to Obama's inauguration. George Bush spent our children, our children's children, and our children's children's children into immense, abysmal, fathomless debt. Obama increases are a tiny little sliver added onto those debts. But nothing before 1/20/09 exists for you. You're like Cheney, criticizing the decision to pull troops out of the cities in Iraq by June of 2009, when it was originally a Bush Administration plan.
I realize that to a Christian mindset that thinks the world was magicked into existence over a 6 day period by an invisible sky god 6000 years ago, it may seem like things can just magically pop into existence out of nowhere. But the truth is that the government we have today, the country we have today, the economy we have today, and the debt we have today, all go back much further then the guy we have in office today. It's his job to try to figure out a way through it, and that's what he's doing.
Does anyone find it odd she chose the 4th of July holiday to resign. Sandford chose Fathers Day to flee his family. Is this a Republican thing to make life changing decisions on holidays?
What a coward
there is that endurance she was talkin about.. she has everything backwards. So endurance means quitter. I hope she stays out of politics
Obama has been in politics far longer than Palin (he did serve as an Illinois senator, which last time I checked was a decent job). You say he's corrupt, I say prove it. He did not win by a slim margin, he won 52% to 46%, far stronger than either of Bush's terms or Clinton's terms. He can find his birth certificate, and it is in fact posted on the Internet.
Given your statements, I wouldn't be casting stones about people with IQs equivalent to your shoe size...
Does this mean that her 15 mintues, extended for far too long as they already were, are finally up?
Unfortunately, knowing her and the way that Republican strategies think, this is more likely a stunt to stir up her supporters and see if she can't turn it into a Republican Party presidential nomination in 2012.
"We finally have an intelligent, concise and clear thinking president and all the ignorant haters see is his race…"
All I see is his race? His race? He's bi-racial, isn't he? Me, I voted for the white half. What half did you vote for MCAT? That doesn't make us racists, does it?
Just kidding. Actually, I don't care if he's purple, he's attempting to tax us into prosperity and spend our way out of debt. Is nonsense like that likely to work? "Betcha" it won't.
I smell a giant scandal about to break....Republicans have been caught in sex and corruption scandals back-to-back-to back. Palin is the next of the long list of hypocritical, erratic, flaky, mentally unstable and completely immoral and characterless Republicans who have had to leave office.
She was already convicted of "abuse of power" as Governor. I guess more charges on her illegal use of state funds is about to break.
Her political career has been dead for a long time – she is the only one who doesn't seem to realize it. This woman is beyond stupid if she thinks all 25 of the Republicans left in America will vote for her for anything. She is unstable, erractic, unreliable, and a confirmed liar.
She and SC Gov Sanford would be in a dead heat for dumbest and most corrupt governor in America. Another Republican nutjob bites the dust!
OK CNN- she is officially a nobody now so can we stop hearing her moronic statements every day? Let her disappear for good and stop torturing us with her irrelevance to anything that matters to Americans.
Starting this Fall.
The New "Sarah Palin Show"
Week nights on Fox, Tune in to see Sarah and the whole "you betcha" Clan, with special guest co-host Pat Bucahann
Coming to you live from the Trailer Park
I have a very delicious new job awaiting her in my bed room
I am here to reveal that Governor Palin is being investigated for something out of ordinary. She was caught doing something that when revealed, will be a deception for most of her supporters. If she keeps her job the scandal will affect the Republican more deeper. Since, she will be forced out of office.
So, for the sake of the party she is stepping down. But the investigation will go forward. In three months the media will have a huge story to sell.
Can't you read her face during the announcement?
Can't you see the deception on her speech?
Why you think she doesn't attack President Obama or the Democrats during the announcement?
She is done folks.
Wait and see.
I guess she just needs more time to read her favorite newspapers... such as "all of them"