Palin on her decision not to run for president

One-time Republican vice presidential nominee and former governor of Alaska Sarah Palin announced her decision not to enter the 2012 GOP presidential race on Wednesday's Mark Levin radio show. 

Palin cited her family in her choice to stay out of the presidential race. "They came first, the consideration of what candidacy does to, or for a family, that weighed heavily," Palin explained. 

The Tea Party favorite thanked her supporters and denied the possibility of running as a third party candidate.

The Ballot Box blog has more details on former Gov. Palin's announcement.