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Palin, the keynote speaker at the $549-a-ticket three-day event, opened her speech by noting it was former U.S. President Ronald Reagan's birthday and greeted attendees she called "soldiers of the cause", CBS News reported.

"I am a big supporter of this movement and believe in this movement. America is ready for another revolution and you are part of this", she said.

Palin, who resigned as governor last year with more than a year to go in her term, gave no hint of her political plans. But many of the 600 attending the convention would be happy to see her run for president.

Supporter Fremont Brown, who had "Palin 2012" bumper stickers with him at Nashville's Gaylord Opryland Hotel and Convention Center, told CNN Palin is "the right person" for the Oval Office.

"She has servant heart and she's conservative", said the 59-year-old Brown, who owns a small business in North Carolina. "She was the only one truly qualified with executive experience of the four who ran in 2008. The others were glorified lobbyists."

Palin, who reports said was paid $100,000 for the appearance, said this week any compensation would "go right back to the (Tea Party) cause." Her upcoming schedule includes appearances with conservative candidates, beginning Sunday when she will go to Texas to campaign for Republican Gov. Rick Perry, who faces a primary challenge from U.S. Sen. Kay Bailey Hutchison.

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