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Former Bush adviser Karl Rove said on Fox News Sunday that he believes Sarah Palin will enter the Republican presidential race sometime around Labor Day, The Washington Examiner reports. He said that Palin "has a schedule next week that looks like that of a candidate, not a celebrity," and cited a new campaign-style video Palin released on her recent visit to the Iowa State Fair. According to Rove, the Tea Party's "Restoring America" event in Iowa on September 3, where Palin is the keynote speaker, will be the time and place of the announcement: "This is her last chance," Rove said. "She either gets in or gets out [after the Iowa visit]. I think she gets in."

Palin's flirtation with the 2012 race has been met with doubt from all corners, despite fully retaining the media's attention throughout. But the trouble with Karl Rove's announcement is that, well, he's been wrong before. A great deal, in fact. Back in 2007, Think Progress addressed a series of accolades showered on Rove, including statements that he was a "political genius" who "masterminded" the Bush presidency, with "a brilliant mind," etc., with a post entitled "Karl Rove's Record of Failed Predictions." A couple of favorites: