SarahPAC formed: Looks like Palin is running in 2012

Failed GOP VP candidate and Alaska Governor Sarah Palin has launched a political action committee to help support candidates for federal and state office.

SarahPAC will support “fresh ideas and candidates who share our vision for reform and innovation.” SarahPAC welcomes supporters of any political persuasion and will contribute to candidates of any party who share her ideas and goals, but obviously it will help if you’re a Republican, or Alaska Independence Party member.

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A PAC (political action committee) is a legal structure that allows for raising of funds, and are regularly used by politicians seeking higher office, such as President of the United States. The chances of Palin running for the GOP Presidential nod in 2012 just became far more likely.