Former Republican vice presidential candidate Sarah Palin has given new indications she plans to challenge President Obama in 2012. In an interview with ABC News, Palin says she believes she can defeat Obama in a presidential election.

Sarah Palin: “I’m looking at the lay of the land now and trying to figure that out, if it’s a good thing for the country, for the discourse, for my family — if it’s a good thing.”

Barbara Walters: “If you ran for president, could you beat Barack Obama?”

Sarah Palin: “I believe so.”