Palin Quits As Alaska Governor
Mrs Palin's term of office was due to end in 2010.
There has been speculation that Mrs Palin, who is very popular with the Republican Party base, might make a bid for the White House in 2012.
Her resignation means Alaska's Lieutenant Governor Sean Parnell will take over as state governor."
"Palin disclosed the surprise news Friday afternoon from her home in Wasilla with her husband, Todd, and Lt. Governor Sean Parnell, who the governor said would take over the state on Saturday, July 25th.
With the decision, Palin liberates herself from the political constraints that come with running for president while still in elected office.
Leaving office at the end of the month, the former vice presidential hopeful will be able to travel the country more freely without facing the sort of repeated ethics inquiries she’s been fending off since returning to Alaska earlier this year.
In making her announcement, Palin spoke directly to those inquiries, saying she wouldn’t stand by as taxpayer money was spent to investigate her.
Speaking outside of her home with Lake Lucille in the background, Palin derided the “superficial political bloodsport” that has been aimed at her since rocketing into fame last summer.
And, in remarks that appeared to be off the cuff, Palin also recalled her days as a high school basketball point guard, arguing that she was advancing her state by stepping down.
“I know when it’s time to pass the ball for victory,” Palin said.