UPDATE: Palin To Resign As Alaska Governor UPDATE: KTUU-TV in Anchorage reports that Palin not only won't seek re-election, but will resign later this month. ORIGINAL POST: Gov. Sarah Palin (R) has announced she will not run for re-election in 2010, CNN reports. She's scheduled to make an announcement shortly. The decision frees Palin to travel in the Lower 48 as she considers a potential run for president in 2012. A re-election campaign could also have been tough on the former vice presidential nominee; her approval rating has dropped from stratospheric highs, and a number of candidates in both parties...