[New York, July 2. Image via Getty .] NEW YORK - JULY 02: A woman makes her way to a train at Manhattan’s Penn Station July 2, 2009 in New York City. The AAA in a news release is projecting a 1.9 percent drop in travel over the Fourth of July holiday weekend this year compared to 2008, but that still translates into 37.1 million expected to hit the roads, rails and skies to travel 50 or more miles away from home. (Photo by Chris Hondros/Getty Images)

GOP sources are claiming that former Vice Presidential candidate Governor Sarah Palin will not be seeking a second term as Alaska’s governor and will actually be resigning from her position in a matter of weeks. “She thinks she has accomplished goals she has set forward,” a source tells CNN , “She sees what a positive influence she has had on people’s lives from traveling the country in the last year.” Tina Fey, get your costume ready, because I think the “Also, You Betcha! Tour: 2009-2012″ is about to begin. Palin Will Not Run For Re-Election [CNN] Palin Won’t Run For Re-Election [WDSU]

[Madrid, July 2. Image via Getty .]

Russell Brand took to his Twitter yesterday to share his thoughts on Diddy’s famous White Party, and what he plans to wear in order to fit the dress code. Click to enlarge. [ Russell Brand's Twitter ]

Strawberry Shortcake must use this line at some point: “You thought life was going to be a bowl of cherries, but now: You’re in a JAM, bitch!”