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This is a rush transcript from "On the Record," July 13, 2009. This copy may not be in its final form and may be updated.

GRETA VAN SUSTEREN, FOX NEWS HOST: Well, the mystery deepens around Governor Sarah Palin's bombshell decision to resign her office as governor. In an interview with The Washington Times, Governor Palin dropped another bombshell. You might see her on the campaign again soon, but with politicians who you might not exactly expect.

Joining us live here in Washington is the reporter who did the interview, Ralph Hallow, senior national correspondent for The Washington Times. Ralph, she -- I don't know if she surprised us or your writing surprised us. Who's she going to stump for?

RALPH HALLOW, WASHINGTON TIMES: Well, I'm not sure. She's -- she didn't say whom she's going to stump for. What she did was lay out this program -- I will stump for any candidate, conservative, who is a Democrat, independent or Republican, who stands for limited government, spending restraint, energy independence and strong national defense. So...

VAN SUSTEREN: But who -- even -- even Democrats would say they're for energy independence. Nobody wants -- I mean, they may -- they may think, like, Well, we'll do, you know, a particular type of energy program.

HALLOW: Governor Palin...

VAN SUSTEREN: They may differ on the program.

HALLOW: Yes. Governor Palin has to say energy independence because she is from...

VAN SUSTEREN: Right, I got it. Alaska. But she didn't throw out any names?

HALLOW: No. No. And it's unwise to. Absolutely (INAUDIBLE) You don't want to say, I'm going to campaign for you when you -- you haven't told me you want me to campaign for you. Suppose you don't want me to campaign for you?

VAN SUSTEREN: Well, did she say, you know -- I mean, she's going to write this book.

HALLOW: Yes.

VAN SUSTEREN: Did she say when she's going to hit the trail to do this campaigning, or who's -- and I think Governor Perry from Texas has summoned her down already.

HALLOW: Yes. There are candidates that are Republicans -- we'll see if there are Democrats -- who are eager to have her. There are other Republicans for whom she would be poison. It depends on the state, the district. If it's a liberal district, probably they don't want Sarah Palin if they're Republican.

VAN SUSTEREN: Well, is there any Democrat that would want her? If you think about it from the other side, not who is she willing to campaign for, but what Democrat would (INAUDIBLE)

HALLOW: Yes. Well, that's a good question. I don't have a Democrat in mind. I'm not sure she has a Democrat in mind, but I don't want to speak for her. I think the point she was trying to make to me was that as far as she's concerned, the partisanship without content, just sheer fraternity boy, sorority girl partisanship she was tired of. Her whole family is tired of it. When she told me her son, Track, who volunteered to join the U.S. Army and go to Iraq, and he's in Iraq now, is not registered as a Republican. Her husband, as we all know, Todd -- you know Todd -- is not registered as a Republican. They're both registered as unaffiliated.

VAN SUSTEREN: Is she basically saying she's just -- she just hasn't joined a team is going to take everything lock, stock and barrel, but that she's going to be an independent thinker? Is that sort of the...

HALLOW: Yes.

VAN SUSTEREN: Immunity, she's going to decide herself. She's not...

HALLOW: (INAUDIBLE) very much...

VAN SUSTEREN: She's -- not just because she's a Republican is she necessarily going to go a particular way.

HALLOW: Yes. I think, Greta, she would say, I'm a conservative who happens to be a Republican. Again, I don't want to speak for her, but I think I know her fairly well, and I think that's where she is.

VAN SUSTEREN: When did you -- when did you see her?

HALLOW: Four days ago.

VAN SUSTEREN: Did she seem confident? You know how some people seem like they've taken a beating and some people, you know, sort of feel good about their decisions?

HALLOW: Yes. I think she -- the way I read it, she felt a lot better than she's felt in a long time. I think she...

VAN SUSTEREN: Liberated?

HALLOW: Yes. I would say that's a good word to use. You can see -- I could see it in her eyes. I could see it in her demeanor. The one thing I did notice, and it -- she disagreed with me, was that she is thinner. And I -- I inferred that it's the toll of this constant barrage of ethics, of -- I would regard as frivolous (INAUDIBLE) filings with the ethics commission there.

VAN SUSTEREN: You thought she was thinner, though?

HALLOW: Yes.

VAN SUSTEREN: Well, she's a runner.

HALLOW: Well...

VAN SUSTEREN: I mean, I -- I mean, it's, like...

HALLOW: Well, she's...

VAN SUSTEREN: I mean, most women...

HALLOW: ... thinner than...

VAN SUSTEREN: That may be a reason why women may not like her, she's thinner!

(LAUGHTER)

HALLOW: Well...

VAN SUSTEREN: Just teasing.

HALLOW: I'm -- yes, she's a beautiful woman and -- I think she could use a few more pounds.

VAN SUSTEREN: Well, on that note, we'll pass that -- I'm sure every woman out there is thinking that I should have (INAUDIBLE) extra pounds, but anyway...

HALLOW: That's an idea! The time may have come.

VAN SUSTEREN: Indeed. Ralph, thank you very much.

HALLOW: A pleasure.


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