“K. C.” Cagle, now running for President wasn’t born in a manger during a GOP Census. Nope. He was born in a log cabin that his pregnant, single mother built. He learned to write by using a stone to make scratch marks on the dirt floor of the family cabin. He walked miles to borrow books on wedding gowns and tuxedos so he could one day own a Bridal Shoppe.
Does that sound made up? No more so than his ‘official’ life story at his website, CaseyCagle.com.
“Raised by a single mother, Casey learned early the challenges that single-parent families face.” Ever wonder how old “K.C” was when his mother divorced or how old he was when she remarried? Ask him. Just a hint, … far, far less than 18 years. “After a leg injury ended his dreams of playing college football…” Exactly what leg injury was this? Did he get it making a heroic goal line stand to save a touch down. Nope. K.C. never played a down in a college football game. And for some reason he didn’t have enough drive to put himself through college like so many, many others. Just say college drop out.
In 1999 after “earning his reputation as a community and business leader in Gainesville, Casey focused his efforts on serving the citizens of Georgia.” Well, he only waited five years in the Senate before doing his job as “servant to the people.”
He “found[ed] Southern Heritage Bank in 1999.” Wow! After warming a seat in the State Senate for five years, he starts a bank all by himself. Looking at the public documents, K.C. was a very minor player among the huge group that raised $8 million dollars in capital stock. K.C. Cagle provided about $25,000 in capital stock. Or, was that $50,000. Or, did he have to borrow the capital for his own stock from Banker’s Bank? Or, was it as reported by the Securities and Exchange Commission, “In February, 1998, [the bank's founders] issued to Lowell S. Cagle, in a private placement one share of the … common stock, $5.00 par value per share, for an aggregate purchase price of $10.” Just ask K.C. why $25,000 in borrowed money makes him the founder of a new bank with $8 million in capital. Or, as displayed in the 1998 balance sheet, out of 10,000,000 authorized shares, he never owned more than 5,001.
The proposed Directors and Officers purchased 91,500 shares. Eventually, K.C. Cagle got 5,000 shares or 5% among this group. 65,000 shares were purchased by the four investors with the deepest pockets, Milton Robson, Earl Gilleland, Palmour, and Merritt. But for the owner of Jean’s Bridal Shop, 5,001 shares of common stock in a bank must have been heady stuff. Or, was K.C. the President of Strateia Group of Atlanta? K.C. has never disclosed to the State Ethics Commission his position with Strateia Group. And Strateia Group is not ever mentioned by K.C. in his official biography. Never.
So was Cagle the President of Strateia Group? Nope. He says not. Was he the owner of Jean’s Bridal? The only remaining paperwork on file with the Georgia Secretary of State’s office doesn’t prove that. The CEO was a Georgia Liotta of 3XX8 Maple XXXX Lane. The CEO only runs the business, doesn’t own it.
So in 2009 K.C. claims to have been the “proprietor” or owner of a small business, Jean’s. But in 1998 he claimed to only be the co-owner. By 2001, someone else is running the business and we have no documentation with the Secretary of State showing K.C. ran the business or was the sole owner.
What ever mysteries unravel in the first two paragraphs of K.C.s official biography?
“At just twenty years old, Casey began realizing the American dream as his business expanded throughout North Georgia.” So in 1986, Cagle owned several business locations in North Georgia. Just ask him how many and where.
More another time about how K.C.Cagle has “led the effort to cut nearly $3 billion in government spending and championed important tax cuts to help encourage business development and job creation in Georgia.” Or we can just ask K.C. why he is so proud of cuts forced upon the government by an national economic crisis.
