Sarah Palin: Resigns as Alaskan Governor

Sarah Palin: Resigns as Alaskan Governor

Alaska Governor Sarah Palin has made the announcement that she would be stepping down from her post as the state's highest-ranking official on 26th July and refused to seek re-election to a second term in the year 2010.

In a press conference that was held in her Wasilla, Alaska, hometown Friday, Sarah Palin, who has 18 months left in her first term of office , said that she would be devoting more time to her family. However the political insiders speculated that she has been shifting her focus onto a 2012 bid for president.

Sarah Palin, flanked by her husband, Todd, told the reporters, "I never believed that I nor anyone else needs a title to do this, to make a difference," "I'm determined to take the right path for Alaska, even though it is unconventional and it's not so comfortable."

Forty five year old Sarah Palin announced that the state's Lt. Governor Sean Parnell would assume the role of Alaska's chief executive at the end of the month.

Earlier this spring it was announced that Sarah Palin who served as Arizona Sen. John McCain's vice presidential running mate in 2008, signed a book deal with the HarperCollins imprint to detail her Alaskan childhood through last year's presidential campaign and beyond.

The yet-untitled tome is going to cover her political beliefs and her family life, including the pregnancy of her teenage daughter, Bristol Palin, who gave birth in December to a son, Tripp.

Palin said, "In fairness to my family, this is going be a good opportunity for them, too, because there have been so many misperceptions out there about who we are and what we believe in, and I'm excited to get to put my journalism degree to work and tell my story as it relates to my family,"

Although financial terms were not disclosed, Sarah Palin is expected to get a multimillion-dollar contract.