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Palin: Out of Iowa

Sarah Palin has cancelled her big speech in Iowa:

[A person close to Palin] cited “continual lying” from event organizers at Tea Party of America, including a recent mixup over whether former U.S. Senate candidate Christine O’Donnell of Delaware would also speak.

Ms. Palin is known for last-minute schedule changes that whipsaw supporters and media across the country. But the latest decision is puzzling. Ms. Palin’s speech at the rally was viewed as her most high-profile appearance of the summer, fueling speculation she was indeed plotting to run for the Republican presidential nomination.

Odd.

So what's really going on? Dunno -- unless pressed, I gave up speculating on Palin's motives and ambitions long ago.

UPDATE: The organizers say Palin hasn't cancelled.

BUT WAIT THERE'S MORE: Palin is back in, but Christine O'Donnell is back out.

This is no way to launch a presidential campaign.

On second thought, it's no way to launch a winning presidential campaign.