A.M. Links: Pentagon Confirms Drone Crashed in Somalia, German Finance Minister Warns of Welfare Reforms, Bachmann Won't Seek Re-Election

Credit: Office of Congresswoman Michele Bachmann

• The Pentagon has confirmed that a drone crashed off the coast of Somalia, adding that it was unlikely to have been shot down by Al Qaeda-linked militants.

• German Finance Minister Wolfgang Schaeuble has warned that reforming the European welfare model in favor of something resembling U.S. standards would spark a revolution across Europe, where in some countries more than 50 percent of young people are unemployed.

• Tea Party favorite Rep. Michele Bachmann (R-Minn.) will not be seeking re-election.

• Former Congressman Anthony Weiner is gaining ground in his bid to be New York's next mayor, polling only six points behind frontrunner City Council Speaker Christine Quinn.

• Two of Obama's top donors are now founding members of a PAC that supports a Hillary Clinton presidential campaign in 2016.

• Apple chief Tim Cook thinks Google Glass will be interesting, but that Google's latest gadget won't appeal to everyone. Speaking at the All Things D Digital Conference Cook said, "Nothing that will convince a kid that's never worn glasses or a band to wear one."

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