Sarah Palin announces she will not run for President in 2012, as her “family comes first”.

Sarah Palin has announced yesterday, October 5, she will not run for presidential race in 2012.

There has been much speculation about whether Sarah Palin, who famously became John McCain’s running mate in the 2008 election, would enter the race for the Republican presidential nomination.

And after months of side-stepping questions Sarah Palin has finally announced that she will not run for the White House – because her “family comes first”.

In a letter sent to her supporters, Sarah Palin wrote:

“After much prayer and serious consideration, I have decided that I will not be seeking the 2012 GOP nomination for president of the United States.”

It has been suggested that Sarah Palin now will lend her weight to Texas governor and Republican presidential hopeful Rick Perry.

The announcement comes after Sarah Palin was stung by suggestions in a new book that she once snorted cocaine off a 55 gallon oil drum while snowmobiling with friends and had illicit affairs with a top NBA star and one of her husband’s business partners.

The revelations, which will inevitably now be seen to have struck a devastating blow to her political ambitions, suggest Sarah Palin took the class A drug with her husband, while smoking marijuana at college in secret liaisons with one of her professors.

Joe McGinniss’ book “The Rogue: Searching for the Real Sarah Palin” also alleged that Sarah Palin is far from the traditional family woman she claims to be.

Sarah Palin, 47, had a one-night stand with Miami Heat basketball star Glen Rice less than a year before she eloped with her husband, Joe McGinniss’ book claimed.

Sarah Palin was said to have met the 6ft 8ins player in 1987 when he was playing in a college basketball tournament in Alaska and she worked as a sports reporter for KTUU television.

It was also claimed that Sarah Palin had a six-month affair with Brad Hanson, who ran a snowmobile dealership with her husband Todd – a betrayal which led to Todd dissolving their business.

In a bid to expose Sarah Palin’s skeletons, Joe McGinness studied the former vice presidential candidate for three years and last year even moved in to a home next door in Wasilla, Alaska, to dig some more.

Recent polls had, however, suggested Sarah Palin was gaining ground on President Barack Obama.

According to a new survey, Sarah Palin was as little as five points behind him.

After trailing Barack Obama by more than 20% in polls all year, the McClatchy-Marist survey, taken on September 13 and 14, had the President leading Sarah Palin by only 49 points to 44.

A key reason is that Sarah Palin started to lead Barack Obama among independents – a sharp turnaround.

The poll found that Barack Obama looks increasingly vulnerable in next year’s election, with a majority of voters believing he will lose to any Republican, a solid number saying they will definitely vote against him and most potential Republican challengers gaining on him.

Barack Obama still leads all the announced candidates, however.

Governor Rick Perry of Texas continues to lead the field of announced candidates for the Republican presidential nomination, supported by 30% of Republicans and Republican-leaning independents.

Rick Perry is followed by former Governor Mitt Romney of Massachusetts with 22% and Representative Michelle Bachmann of Minnesota with 12%.

Others trail in single digits.

A separate survey for Fox News – where Sarah Palin is a highly-paid commentator – found that an astonishing 66% of Tea Party supporters – and 71% of Republicans – would prefer, however, if she did not run for President.

Sarah Palin’ statement in full:

“October 5, 2011

Wasilla, Alaska

After much prayer and serious consideration, I have decided that I will not be seeking the 2012 GOP nomination for President of the United States. As always, my family comes first and obviously Todd and I put great consideration into family life before making this decision. When we serve, we devote ourselves to God, family and country. My decision maintains this order.

My decision is based upon a review of what common sense Conservatives and Independents have accomplished, especially over the last year. I believe that at this time I can be more effective in a decisive role to help elect other true public servants to office – from the nation’s governors to Congressional seats and the Presidency. We need to continue to actively and aggressively help those who will stop the “fundamental transformation” of our nation and instead seek the restoration of our greatness, our goodness and our constitutional republic based on the rule of law.

From the bottom of my heart I thank those who have supported me and defended my record throughout the years, and encouraged me to run for President. Know that by working together we can bring this country back – and as I’ve always said, one doesn’t need a title to help do it.

I will continue driving the discussion for freedom and free markets, including in the race for President where our candidates must embrace immediate action toward energy independence through domestic resource developments of conventional energy sources, along with renewables. We must reduce tax burdens and onerous regulations that kill American industry, and our candidates must always push to minimize government to strengthen the economy and allow the private sector to create jobs.

Those will be our priorities so Americans can be confident that a smaller, smarter government that is truly of the people, by the people, and for the people can better serve this most exceptional nation.

In the coming weeks I will help coordinate strategies to assist in replacing the President, re-taking the Senate, and maintaining the House.

Thank you again for all your support. Let’s unite to restore this country!

God bless America.

Sarah Palin”