Well, it's either bonkers or brilliant, but I suspect the former at the moment. To resign as Governor of Alaska completely undercuts the whole argument forwarded on her behalf for the last year - that she was a competent executive office holder. Her executive experience now looks threadbare and she looks as though she is abandoning the voters of Alaska to try to be President.
It really is one of the most insane, nutty political moves I have witnessed in many years.
"Only dead fish go with the flow" she says, in explanation. Ah but when the seagulls follow the trawler....
Perhaps this will precede a high-falluting shot at the Presidency but she's shot herself in the foot. She will, of course, get huge support from the Republican base. But independents and Democrats are not going to persuaded that she has suddenly become fit for public office by resigning from it.
Even Palin's Republican colleague, Sen Lisa Murkowski has criticised the move:
I am deeply disappointed that the Governor has decided to abandon the State and her constituents before her term has concluded.
As Bruce Reed reminds us, based on past history, quitters don't win.
The Huffpo reports that her allies are saying "She is out of politics, period...she doesn't like her life".
Whatever you say about Sarah Palin, she is never boring. Just imagine what would have happened if she had become Vice-President! A Veep quitting eight months after being elected for no apparent reason other than something to do with fish. It would initiate quite a national crisis.
The Palin resignation speech is worth watching below. It is positively stomach-churning.