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I understand your scenario, but I don't believe it to be true. Palin had taken a shot at Cain earlier on about having no executive experience. I don't think she would have done that if her desire was to draw enemy fire away from Cain.

As much as many of us believed in a Palin candidacy, hindsight makes it fairly obvious she never was seriously considering a run. She didn't wish to pursue the office and chose instead to keep her current life for whatever the reason. While I think the timing of her announcement and the way she did it was far from great, I'm still grateful for the role she played in the 2010 elections.

I think she likes the speeches and her (now lessening) ability to influence the argument, but the reality is she made herself “a ship in the harbor”. In terms of endorsing or promoting a specific candidate, I haven't seen it and don't anticipate her to in the immediate future.