Why Sarah Palin isn't running for president: 5 theories

Mama Grizzly makes it official — ending a years-long political parlor game. Did the Chris Christie factor make her realize she just couldn't win?

Sarah Palin says goodbye to the White House.
(Image credit: REUTERS/Brian Snyder)

Sarah Palin has officially closed the door on a 2012 White House run, telling supporters Wednesday that her family comes first, and that she feels she can better serve the conservative cause without chasing the "title" of president. With New Jersey Gov. Chris Christie also formally opting out of the race this week, Palin's announcement leaves the GOP slate of candidates pretty set in stone. After months, if not years, of hinting she might run for president, why did Alaska's former governor ultimately decide to sit out this year? Here, five theories:

1. Palin knew she couldn't win

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