Gov. Palin Stepping Down

Palin to resign as Alaska governor

Former VP hopeful says she'll work for change from outside government

MSNBC:

Sarah Palin made a surprise announcement Friday that she will resign as governor of Alaska in a few weeks, saying she will try to "affect positive change" from outside government.

The former Republican vice presidential candidate hastily called a news conference Friday morning at her home in suburban Wasilla, giving such short notice that only a few reporters actually made it to the announcement. [...]

She is handing the reins over to Lt. Gov. Sean Parnell, who will be sworn in at the governor's picnic in Fairbanks on July 26. Parnell and most of Palin's cabinet and Palin's family were at the announcement.

Palin was vague about why exactly she is stepping down rather than finish out her first term, which ends in 2010.

Video available at the MSNBC link.