Palin said that she didnt see the 2012 election playing out in an ordinary way. A McClatchy-Marist poll earlier this week found her trailing President Obama by only 5 percentage points, marked gains on her previous polling.

Mark my word, it is going to be an unconventional type of election process, Palin said.

For Daniels’s part, deciding not to run for the presidency hasnt kept him on the sidelines of the 2012 election. On Tuesday, Daniels defended Texas Gov. Rick Perrys use of the phrase Ponzi scheme to describe Social Security.

After all this flap recently some people did some quick Googling, and the problem with what Rick Perry says is that its trite, its been said so often, Daniels said. Its a pay-as-you-go system, youre not putting away — people have been misled over the years to believe theyre putting something away for themselves, we know its not the way it works.

Still, Daniels said in the end I was not prepared to mount a presidential run. Yet in an interview Tuesday, he left the door open for joining a ticket as a vice presidential candidate.

You cant say you wouldnt answer if someone called, Daniels said. It seems so improbable to me and certainly nothing I anticipate and something I hope doesnt happen.