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Sarah Palin says she’d rate Barack Obama's performance as president a 4 out of 10. She criticized the president for his handling of the economy and for "dithering" on national security questions.

"There are a lot of decisions being made that I — and probably the majority of Americans — are not impressed with right now," she said in an interview with ABC’s Barbara Walters Tuesday.

She said Obama's Nobel Peace Prize was "premature."

[...]

The former Alaska governor also said that a 2012 presidential bid is "not on my radar," but wouldn't rule out playing some role in the next presidential election.  "My ambition, if you will, my desire is to help our country in whatever role that may be, and I cannot predict what that will be, what doors will be open in the year 2012," she told Barbara Walters.

When asked whether she'd play a major role, the former Republican vice presidential candidate replied that "if people will have me, I will."  Palin said she's gotten plenty of offers during the past few months, including to open up her family for a reality show, that she has rejected. She also said she wasn't sure whether a talk show would be best for her family.  "I'd probably rather write than talk," she told Walters.

Palin also discussed David Letterman, whom she criticized for a sexually suggestive jokes made at the expense of her teenage daughter in June. Letterman eventually apologized to Palin.  Palin told Walter she has ruled out an appearance on Letterman's late night TV show. "I don't think that I'd want to boost his ratings," she said. "I do want him to sell my book, though I hope he keeps it up."

[...]

The title of Palin's book refers to a phrase John McCain's campaign used to describe his vice presidential running mate going off message. In the book, she criticizes the people who ran McCain's campaign and says she wished she had been allowed to speak more freely. But she told Walters the outcome probably would not have been different if she had.

Despite the internal squabbling and ultimate loss, Palin said she would go through the experience again. "(I) would do it again in a heartbeat," she told Walters.  And though she backed the first federal bailout, Palin says she would not support a second. "That did not put our economy back on the right track. So we learn from our mistakes."

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