Draghi Gets ECB Backing for Unlimited Bond-Buying – Reuters  “The European Central Bank agreed on Thursday to launch a new and potentially unlimited bond-buying program to lower struggling euro zone countries’ borrowing costs and draw a line under the debt crisis. Seeking to back up his July pledge to do whatever it takes to preserve the euro, ECB President Mario Draghi said the new plan, aimed at the secondary market, would address bond market distortions and “unfounded” fears of investors about the survival of the euro.”

Bloomberg Poll: Second Obama Term Bad For U.S. Markets – Bloomberg  “Global investors are souring on President Barack Obama while still expecting him to be re- elected in November. By a margin of 46 percent to 39 percent, investors say Obama’s re-election would be bad for U.S. financial markets, according to a quarterly Bloomberg Global Poll conducted on Sept. 4. That represents a sharp reversal of opinion from May, when investors backed Obama 48 percent to 36 percent.”

Woodward’s Devastating Account of Obama’s Failed Leadership – Washington Examiner  “Arrogant, aloof, and unprepared is how Bob Woodward portrays President Obama in his new book The Price of Politics, set to be released next week. ‘The administration didn’t seem to have a strategy. It was unbelievable. There didn’t seem to be any core principles,’ Woodward writes in describing Van Hollen’s thinking.”  GREAT READ!

DNC Chair Debbie Wasserman Schultz’s Ambassador-Gate Scandal Deepened – Free Beacon  “As DNC Chair Debbie Wasserman Schultz’s Ambassador-gate scandal deepened last night, political observers were left wondering how someone who lies so frequently could be so bad at it. Earlier, the ambassador had rebuked her by releasing an unusual statement ‘categorically denying’ having said any such thing.”

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