Did Somebody Say There’s An Election?

December 21, 2012 8:54 am

by Mike Hassinger · 7 comments

Unless you’re a candidate (or a consultant) you probably didn’t realize that there is an election happening in North Fulton and Cherokee Counties for the recently-vacated Senate Seat of Chip Rogers, who resigned to take a make-work job at Georgia Public Broadcasting. Vying to fill his shoes are Brandon Beach and Sean Jerguson, and it’s just not a Special Election at Christmas without some opposition research.

Daniel Malloy (who is filling in for Jim Galloway during the Holidays) outlines some of the fruits of that research here. Key bits include the fact that “Jerguson and his associates from Sapphire Pointe, LLC, owe more than $640,000 on a loan for a mobile home park in Polk County” and that “Jerguson’s gun shop, Hi Caliber, got a federal Small Business Administration loan in 2010 that Pro Publica identifies as funded by the 2009 stimulus — even though Jerguson is a critic of said stimulus.

Jerguson’s side of the story is: “It’s a business dispute,” Jerguson said. “The property hasn’t been foreclosed on. We’re in a settlement process with them on the dispute.

I don’t know which will matter more (to the two-dozen voters who will show up in that race on January 8, 2013): Taking an Obama stimulus loan or defaulting (allegedly, allegedly) on a regular loan. But I’m sure y’all will let me know.

 

 

Howard Roark December 21, 2012 at 9:35 am

What consultants are being employed in the Senate race?

Just Nasty and Mean December 21, 2012 at 12:53 pm

What is it about Senate District 21 that turns every single campaign into a personal attack and mudslinging contest? Somebody keeps calling out attack dogs?

Could SOMEBODY running in this race PLEASE focus on the issues facing the State of Georgia and call off the attack dogs attempting to “sleaze” the other candidate on personal business issues?

2 Down 1 To Go December 21, 2012 at 5:35 pm

Jerguson is a ‘Chip’ off the old block.

CCFRG December 21, 2012 at 6:08 pm

What is it about the water in Cherokee that causes politicians to have loan issues?

The Last Democrat in Georgia December 21, 2012 at 7:32 pm

“I don’t know which will matter more (to the two-dozen voters who will show up in that race on January 8, 2013): Taking an Obama stimulus loan or defaulting (allegedly, allegedly) on a regular loan. But I’m sure y’all will let me know.”

In that part of the metro area and state in which this election is being held, getting an Obama stimulus loan will likely matter much more than allegedly defaulting on a regular loan, especially because it has the name “Obama” in front of it, a name which as we all know is very-much despised around much of these parts.

That particular district (State Senate District 21), is well-known to be one of the most-conservative legislative districts in the entire nation (actually, ULTRACONSERVATIVE is the term that is most commonly used to describe that part of the metro area…see the hardcore ultraconservative bonafides of the late State Representative Bobby Franklin whose house district overlapped with parts of State Senate District 21).

southernpol December 21, 2012 at 8:26 pm

Sounds to me like the Jerguson loan is actually one problem that MANY businesses are having with banks right now. I know one that has gone through what sounds like the exact same thing.

Process goes like this
– Business takes out a loan for a building
– They pay on their loan every month on time
– Bank decides to not let them re-up their loan after 5 years (or agreed upon time) and instead makes them pay remainder of loan at end of the agreement without allowing them to re-up their agreement, which the business cannot afford.

Think of taking out a 15 year mortgage but after 5 years the Bank tells you to pay the remainder on your loan. You probably don’t have that kind of money.

One business owner I know in Cartersville heard of this happening in the community with a particular bank so he stopped paying the monthly bill on the loan because the Bank would not promise to re-up their loan agreement. They haven’t paid their bill in a while, but would rather not put money into something that the Bank will take from them anyways. So they are paying out bonuses to their staff to get the money out of the business until the Bank re-ups their agreement.

That’s what this sounds like with Jerguson. And if that is what is happening, it’s a low blow.

southernpol December 21, 2012 at 8:33 pm

Correction: That’s what this sounds like with Jerguson. And if that is what is happening, it’s a low blow *by whoever that woman is bringing it up*.

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