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)
Caribou Barbie is a piece of right-wing garbage.
And, a dummy. Ha! What a joke.
My prayers have been answered.
Hell, if an unqualified community organizer with zero experience and virtually no time on the job as a 1 term jr. senator from one of the most politically corrupt cities and most corrupt political party can run for president, why can't a qualified, experienced governor from one of the most strategically important ( oil and military) states run for president? Works for me.
This lady is such a cheerleader, foo foo, airhead that I can't believe she's trying to be president. A beauty pageant queen...please
Obama isn't qualified either to be president even in Illinois as a senator since that state is going down the drain
You leftist morons get ready to see your party thrown out of Washington next year
The timing is REALLY odd...open to all kinds of speculation. I can't see how this helps her politically. Quit on your first term (of which you hardly spent any time actually being Gov) and THEN run for the toughest job in the world? YOU BETCHA
Toyin: that was a very unintelligent remark you made as obviously you have no clue as to the worth of Alaska in terms of natural resources and strategic homeland security for our country! But then again, most of us Americans have not clue about what is or is not important beyond our local neighborhoods! What a shame!!!
I smell fear!!!!! The trolls are exposing themselves. Hey libtards.....how is that Hope & Change working out for ya? LOL!!
If she was to step down, I'm sure there would be some good reason for it. What is seriously wrong with the brain of people that would waist not a second to attack her for that. I'm convinced they must be infected with some sort of mad cow affliction. To attack without provocation reminds me of the Conn. chimp. Get some help people. You really need it.
The govenor of South Carolina has an affair and the governor of Alaska steps down,
umm, didn't she learn she couldn't handle the national spotlight last year? fool me once...
Maybe her family needs her full attention.
Strategically, resigning is very smart for a Presidental run.
I'll vote for her.
maybe she's been given a talk-show offer....Oprah better watch her back.
This continues the slide of the Republican Party in the US. (Woo Hoo.) This woman disgraces her gender, her state, and her party with her lack of interest knowledge and her inability to express a coherent thought.
While she appeals to a limited public, she has no potential to expand that minority – the one that's dragging Republicans down like a lead anchor – and limited appeal to the rest of the voting population.
Having her out campaigning through 2012 will add more opportunities for the late night comedians to enjoy her inadequacies and for her supporters to claim prejudice, bias and bigotry against the unintelligent, the uninformed, and the unaware.
She's proven time and again that she doesn't have what it takes to be the President of the United States and this resignation only adds to the absurdity of one of the most ridiculous stories of 21st century US politics.
If she raises money from some of the Republican regulars, and takes the Right by storm, she will divert attention and resources from more electable potential candidates (are there any?), giving the President and the Democrats a better path to "four more years." Bless her heart.
I can understand all of this considering all of the ignorant things that have been said about her and her family. I hope that she does not run for national office because she will just be the target of more hatred and ignorance.
Perhaps she will spend the time between now and 2012 studying grammar, public speaking, economics, American and world history, geography, current events, the Constitution, the importance of decent sex education .... did I forget anything?
Sarah Palin will be the first female POTUS and there is nothing the democrats can do about it. Four years of Obama will cause the entire world to go conservative. Yes, we will survive Obama and we will in 2012.
This is the best decision for her children. They need a mother. What matters for them in the long run is to learn the ABC about life early before the mistakes are made.
Palin is as dumb as the dumbest person in the world... can she account for any major success during her tenure?
Now she can sit at home and keep an eye out for when Vlad Putin flys over......and practice her foreign relations.....
"No more politics as usual" She is like a broken record. She is clearly going to run for SENATE, so she can work for change from "outside the govenor's office." I HATE this woman more than anything, she is a calculating, immature, naive, incredibly stupid moron!!
Watching her doing this news conference I am even more convinced that Sarah Palin is dumber that mud.