Make no mistake, a Palin endorsement would be huge if she decides to do it before the Iowa caucus. If she waits until after it would be a mute point. That gives her about seven weeks to come out with it.
If she does endorse someone, the smart money would be on Bachmann.
A Palin adviser told me that she is planning to make an endorsement for a candidate in 2012. Palin, being Palin, is keeping it tightly held. "I have an idea of who it is," the adviser said, "but I'm not telling." What's clear is that Palin would be smart to make that announcement on Fox News.
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