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Congratulations to President-elect Biden and Vice President-elect Harris. This election was hard-fought by both candidates and ultimately the voters chose them for the job. America now looks to you to lead our country and unite us for the common good.— Rep. Paul Mitchell (@RepPaulMitchell) November 7, 2020 315

College students and loans seem to go hand in hand, and student loan debt is an ever increasing problem in the U.S.But it might surprise you what some college students are doing with any excess loan money they may have after paying for things like tuition, books, and housing.A study by the Student Loan Report found that approximately one out of every five students with loans have used loan money in some form to invest in cryptocurrencies—in other words, things like Bitcoin.But financial advisers caution that may not be the best decision.“My gut reaction,” said financial advisor Martin Walsh with Brown and Tedstrom, “is that it’s probably a bad idea.”Walsh said using borrowed dollars to invest in speculative assets, such as Bitcoin, would make him “very nervous.”Cryptocurrency is the formal word for a type of digital money that uses encryption to transfer funds, independently of a central bank.Walsh cautions:  “buyer beware.”“There’s been a ton of talk about cryptocurrency over the last year,” Walsh said, “mostly because of the massive run up in price.”Bitcoin — the biggest player in the Crypto game—saw prices for their “coins” at around ,000 in December. But fast forward two months to February and the price plummeted to ,000.Walsh has had clients ask about it mostly because “their friends have invested in them and have made money.”  But he says that as a general rule the firm he works for, Brown and Tedstrom, won’t advise clients to invest in cryptocurrency.“It seems fun and easy, and things have doubled, tripled, even quadrupled. But there’s incredible volatility in investing in bitcoin and other cryptocurrencies,” said Walsh.Paul Foley, a big supporter of the technology behind cryptocurrency, says he has invested “quite a bit” in Ethereum, another player in the cryptocurrency realm. He says anyone investing now should see this as a “10 to 15 year plan”—not a short term way to make money.“I plan on holding for a very long time,” said Foley.But even he says that the notion of using borrowed funds, i.e. student loans, to invest in speculative assets like Ethereum is “a terrible idea.”Both Foley and Walsh say anyone looking to invest in this emerging field needs to do their homework. They both believe that the more uneducated people there are who decide to jump in the market on a whim, the greater the chances of a “bubble” bursting, similar to the housing market crash of 2008. 2440

CLEARWATER, Fla. — The State Attorney's Office for Florida's Sixth Judicial District has reviewed the controversial 'stand your ground' case into the death of Markeis McGlockton and has decided to file a manslaughter charge.An arrest warrant was issued on Monday morning and Pinellas County detectives arrested Michael Drejka. He is being booked into the Pinellas County Jail and bond has been set at 0,000.McGlockton, 28, was shot and killed on July 19 by Drejka, 47, outside of a convenience store in Clearwater, Florida. The shooting stemmed from a dispute over a handicap parking spot between Drejka and McGlockton's girlfriend. Pinellas County Sheriff Bob Gualtieri said, "I support the State Attorney's decision and will have no further comment as the case continues to work its way through the criminal justice system."Drejka has a concealed carry license.Statement from Attorney Ben Crump in response to Michael Drejka being charged with manslaughter: 995

COLUMBUS, Ohio — Ohio House Speaker Larry Householder and four of his associates have been arrested on charges in relation to “what is likely the largest bribery, money laundering scheme ever perpetrated against the people of the state of Ohio," one that allegedly involved at least million passed through a 501c4 organization controlled by Householder and other entities for the purpose of passing HB6 in 2019, a law that provided a .5 billion taxpayer bailout to FirstEnergy.U.S. Attorney for the Southern District of Ohio David DeVillers spoke with reporters about the 81-page indictment of Householder and his associates on Tuesday afternoon.-DeVillers alleges that in exchange for million in dark money funneled through a 501c4 named Generation Now, Householder and his co-conspirators furthered the affairs of the enterprise.-Devillers said the scheme was bribery, “pure and simple,” a “quid pro quo” and “pay for play,” citing the enterprise’s own words.-Company A, which was not identified during the news conference due to the regulations and rules at the U.S. Attorney’s office, provided million in exchange for a .5 billion bailout.-Householder created Generation Now, a non-profit entity that, unlike PACs and SuperPACs, does not have to disclose its donors.-501c4 organizations are supposed to be operated to promote social welfare. They cannot benefit a shareholder or individual, or engage in direct political activity, which it did in this case, Devillers said. “Not a dime went to any social program,” he said.-Householder’s co-defendants are political advisers and lobbyists who worked in different capacities in the enterprise, DeVillers said.-The enterprise began with millions of dollars filtered through Generation Now and other entities to support candidates who would vote to elect Householder as Speaker and attack political rivals who would not. “It was very successful,” DeVillers said.-Of all the individuals who were funded through Generation Now and the other filter entities, all voted to elect Householder as speaker.-Once he was elected speaker, and had his so-called “power base” of representatives, millions more were funneled from Company A to Generation Now and other entities to get HB6 passed, a bill that subsidizes First Energy’s nuclear and coal power plants with .5 billion of Ohio taxpayer dollars.-Commercials, mailers, flyers, which ultimately came from Company A, were used to support HB6’s passage.-After the bill passed but before it was signed into law, a ballot initiative was started to attempt to reverse the bill.-At that point, tens of millions more went from Company A to Generation Now and its filters to defeat the ballot initiative, which was ultimately successful, DeVillers said.-Throughout this process, Householder and his associates were “able to line their pockets” with the dark money passed through Generation Now.-DeVillers alleges millions went to the personal benefit of Householder and his associates, including 0,000 to pay off a lawsuit against Householder, and another 0,000 toward a house in Florida.-The case came from an unnamed whistleblower, officials said.-The FBI confirmed that agents were carrying out "law enforcement activity" at Householder's farm property in Glenford in southestern Ohio Tuesday morning, along with the Perry County Sheriff's Office.After the U.S. Attorney's news conference, Gov. DeWine issued this statement calling for the speaker to resign:"I am deeply concerned about the allegations of wrongdoing in the issued today by the U.S. Attorney’s Office. Every American has the presumption of innocence until proven guilty. Because of the nature of these charges, it will be impossible for Speaker Householder to effectively lead the Ohio House of Representatives; therefore, I am calling on Speaker Householder to resign immediately.“This is a sad day for Ohio.”Lt. Gov. Jon Husted also issued a statement calling for the speaker's resignation:"As a former House Speaker, it makes me incredibly sad. With the announcement of today’s criminal complaints, the Speaker can no longer effectively perform his duties and should resign. Ohio is in the midst of a pandemic response and economic downturn, and the institution of the House of Representatives must remain operational, and the integrity of the office and the institution must be restored.”Read the complete 81-page criminal complaint filed Tuesday against Householder and his associates here.This article was written by Ian Cross for WEWS. 4530

CORONADO, Calif. (KGTV) — An iconic Coronado bookstore says it is being forced out after 27 years at its home on Orange Avenue. Bay Books employees say landlord Kleege Enterprises has found a new tenant for the site and that it has to be out by March."I'm obsessed with this bookstore," said manager Barbara Chambers. "I don't know what I'm going to do."Building owner Bruce Kleege says this is not the case. He said he believes negotiations with the bookstore are ongoing and that he would like to keep the bookstore, albeit smaller. Last year, Kleege's company bought almost the entire block of buildings on Orange Avenue, the bookstore included, for million. Already, two high-end restaurants and a poke restaurant are on the way, replacing previous tenants. Kleege says the bookstore is paying a fraction of market rent, a gap that needs to narrow, but not close.Meanwhile, bookstore owner Angelica Muller says some of the spaces offered are off the main street, half the space, and double the rent to about ,000 a month. That's a rate she says an independent bookstore can't afford.Kleege says he is willing to work with the bookstore and wants to continue to negotiate. 1190

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