Palin: How she gained control and then lost it:
So let me say it for her: Sarah Palin will not be a candidate for the 2012 Republican presidential nomination.
What during the run-up to the 2012 presidential election Sarah will be is a Republican celebrity the way that Bill Clinton is a Democratic celebrity. Giving speeches in convention halls packed with true-believing party faithful and being fawned over by the network paparazzi will be a whole lot more fun, and way more profitable, than being a candidate. And it certainly will be more fun and way more profitable than being the Governor of a backwater state that is an hour's drive from Wasilla to the Anchorage airport and then three-plus more hours of flight time from anywhere important.
Once Sarah made the easy decision that she would not run for reelection in 2010 so that during the two years prior to the 2012 presidential election she can be a full-time celebrity, the decision to become one immediately, rather than waiting another year and a half for her term as Governor to expire, was a no-brainer.