Report: Palin won't announce this weekend

Sources with knowledge of Sarah Palin’s prepared remarks tell National Review Online that the former Alaska governor will castigate Washington’s “compromised political class” when she addresses a tea-party rally in Iowa this weekend. Palin, sources say, will not use the venue to launch a presidential campaign. Instead, Palin will “offer a serious critique of crony capitalism and President Obama’s economic record.”

Palin will remind attendees that three years ago — on Sept. 3, 2008 — she detailed her political philosophy during her speech at the Republican National Convention. She will urge the crowd to fight, as she said then, for “sudden and relentless reform.” Reiterating this message, sources say, is one of her central themes. “She will talk about her experience in Alaska, about how she brought reform to the system,” says one source. “She will remind tea-party conservatives that true reform is difficult.”