'This Week' Transcript: EXCLUSIVE: Vice President Joe Biden

PALIN: A good point guard, here's what she does. She drives through a full-court press, protecting the ball, keeping her head up because she needs to keep her eye on the basket. And she knows exactly when to pass the ball so that the team can win. And that is what I'm doing. I thought about, well, how much fun some governors have as lame ducks. Maybe they travel around their state, travel the other states, maybe take their overseas international trade missions. So many politicians do that. And then, I thought, that's what's wrong. Many just accept that lame duck status and they hit the road. They draw a paycheck. They kind of milk it. And I'm not going to put Alaskans through that.

(END VIDEO CLIP) STEPHANOPOULOS: Not going to put Alaskans through the rest of her second term. George, what do you make of it?

GEORGE WILL, ABC NEWS: I read it once, and seen it twice and I still have no idea why she did this. In one phrase, she seems to say this, will help the nation. It will free her up to help the nation. On the other hand, she says it's her family, which I understand. She's been fairly much impoverished by litigation that's hurt her family and she may be wary of being referred to, as for example, a retarded flight attendant, by one HBO comedian.

Be that as it may, the one that rings most hollow is she doesn't want to put Alaska through the terror of being a lame duck governor. If she is just weary of it, one can understand that. Still, she made a contract with them to serve out her term. And she said, in her own words, she now is a quitter.

STEPHANOPOULOS: And one friend of Sarah Palin's told me, Cynthia, she just wants peace.

CYNTHIA TUCKER, ATLANTA JOURNAL-CONSTITUTION: Well, if she just wants peace, then we won't be seeing her on the campaign trail, if that's what she wants. Because if she intends to seek high office, she won't have peace.

The simple fact of the matter is if Sarah Palin thinks that she's had it tougher than anybody else, that she's been more harshly criticized, I have two words for her -- Hillary Clinton. Hillary Clinton was savaged for eight years. There were even jokes about her daughter, Chelsea, who was much younger then than Bristol Palin is now.

It's not fair. It's not a good part of the political process. But that is the stage that you take a lot of criticism and quite frankly, women take a lot of criticism.

So, if she isn't ready for that, then she doesn't need to be playing on the national stage. And if she thinks it's tough being governor of Alaska, it would be a whole lot tougher being president of the United States.

STEPHANOPOULOS: Todd, you were up in Alaska and things were getting tough.

TODD PURDUM, VANITY FAIR: Things were getting tougher. She wasn't having any fun running the state. People told me that. People told me they didn't expect her to run for re-election. I don't think anybody thought she would resign.

STEPHANOPOULOS: So, no inkling from that?

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