Skip to Content

Sarah Palin to resign Alaska governor's office this month

Text SizeAAA

Filed under: People

More

Alaska governor Sarah Palin is resigning, she said in a news conference in her Wasilla home this morning, and will inaugurate Lt. Governor Sean Parnell on Saturday, July 25. Immediate speculation is that she is preparing for a run at the 2012 presidency; the timing of the announcement, on a day that most public employees are off work, is curious. She made the disclosure flanked by most of her staff, including Parnell, and she would not make any comments as to why she was resigning, or answer questions. She did say that she believed she would be more effective outside of the government; and that "I know when to pass the ball for the team... and when to pass the ball for victory."

Some political watchers and media pundits on Twitter publicly wondered whether Palin's resignation was connected to the Todd Purdum profile in Vanity Fair that posited Barack Obama won the presidency in 2008 because of Palin's position on the Republican ticket. And certainly, the statement released by her office reflects this conjecture; "Once I decided not to run for re-election [as Alaska governor], 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." While the imagery expressed by these words reflect political weakness, her fans have taken the news to mean hope for 2012. Whether she could overcome the significant questions about her intelligence and leadership ability, not to mention her many ethical and familial liabilities, is doubtful.

Reader Comments (Page 1 of 2)

Interest Rates

5/1 ARM4.30%APR: 4.18%
30 Yr.
Fixed Mort.
5.13%APR: 5.29%
$30K
HELOC
8.13%APR: 0.00%
30 Mo
New Car Loan
7.05%APR: 0.00%
1 Yr. CD1.61%APR: 1.62%
DailyFinance Writers
Melly Alazraki Melly Alazraki Financial writer and analyst
Jeff Bercovici Jeff Bercovici Media columnist
Jonathan Berr Jonathan Berr Financial writer and media columnist
Mercedes Cardona Mercedes Cardona Retail reporter
Tim Catts Tim Catts Financial writer
Peter Cohan Peter Cohan Author, venture capitalist and financial writer
Carrie Coolidge Carrie Coolidge Financial writer
Lita Epstein Lita Epstein Financial writer
Sam Gustin Sam Gustin Technology Writer
Nikhil Hutheesing Nikhil Hutheesing Tech and investing editor
Joseph Lazzaro Joseph Lazzaro Markets and economics writer
Latif Lewis Michelle Leder Financial Columnist
Latif Lewis Latif Lewis Business news editor and management columnist
Anthony Massucci Anthony Massucci Senior writer and tech columnist
Doug McIntyre Doug McIntyre Business and investing news writer and editor
Michael Mercurio Michael Mercurio Managing Editor
Todd Pruzan Todd Pruzan Features editor
Michael Rainey Michael Rainey Editor and economics writer
Alex Salkever Alex Salkever Senior technology writer
David Schepp David Schepp Business News reporter
Matthew Scott Matthew Scott Investing reporter and editor
Dan Solin Daniel R. Solin Author, investment advisor and retirement expert
Amey Stone Amey Stone Executive editor
Bruce Watson Mark Svenvold Columnist, renewable energy
Russel Turk, M.D. Russell Turk, M.D. Healthcare policy columnist
Bruce Watson Bruce Watson Features Writer
my portfolios

Find out why more people track their portfolios on AOL Money & Finance than anywhere else.

Create a New Portfolio My Portfolios

Daily Finance Partners

More from the Weblogs Network