Palin Will Not Run for President in 2012

Sarah Palin announced to supporters Wednesday that she would not run for the Republican nomination for president. Palin wrote that she made the decision after much "prayer and serious consideration."

She wrote, "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."

Read the full letter at ABC News.