Monthly Archives: September 2011

What?

Wait. 

I don’t begrudge this guy his money.

But is he saying that it is not income if he decides to invest it? 

What?

Dumb-dumb.

http://news.yahoo.com/blogs/ticket/rep-john-fleming-field-criticism-over-600k-income-153305241.html

Rep. John Fleming fields criticism over 600K income

Political Reporter

By Chris Moody |

Add John Fleming, a Republican congressman from Louisiana, to the growing, bipartisan list of relatively well-off politicians who may want to revisit the way they discuss their income in public.
During an MSNBC interview to discuss why Fleming opposes President Obama’s tax increase on those earning more than $1 million per year, host Chris Jansing said that Fleming has an income of more than $6 million. Fleming quickly corrected her, saying he actually takes in a fraction of that gross amount–about $600,000.
“The amount that I have to reinvest in my business and feed my family is more like $600,000 of that $6.3 million,” Fleming explained. “So by the time I feed my family I have, maybe, $400,000 left over to invest in new locations, upgrade my locations, buy more equipment.”
Fleming owns a string of Subway sandwich shops and UPS store franchises that earned a gross income of about $6.3 million last year, according to a review of the congressman’s finances in The Wall Street Journal.
Jansing went on to tell Fleming that his annual personal income of $200,000 from those ventures was “not exactly a sympathetic position” from which to make the case for lower taxes on the wealthy.
“You do understand, congressman, that the average person out there who’s making maybe 40, 50, $60,000 out there, when they hear you only have $400,000 left over, it’s not exactly a sympathetic position,” she said. “You understand that?”
“Class warfare’s never created a job,” Fleming responded. “And that’s people that will not get jobs. This is all about creating jobs, Chris, this is not about attacking people who make certain incomes. You know in this country, most people feel that being successful in their business is a virtue, not a vice, and once we begin to identify it as a vice, this country is going down.”
Fleming was merely pointing out a consequence of tax increases–that business owners will have less money to re-invest and hire new workers if they decline to take a pay cut. But his message likely won’t resonate, as Jansing said, with “average Americans.”
Lawmakers in both parties have long found themselves appearing removed from reality. From pictures of former Democratic presidential candidate John Kerry windsurfing off Nantucket in 2004 to current Republican presidential candidate Newt Gingrich’s six-figure tab at Tiffany’s in 2011, national politicians can find themselves treading a fine line when it comes to discussing their wealth, especially during tough economic times.
Others may want to take note.

Pruning Fruit Trees

Here’s some links to sites explaining proper pruning of fruit trees.

http://www.ces.ncsu.edu/depts/hort/hil/ag29.html

 http://www.weekendgardener.net/how-to/prune-apple-trees.htm

Neglected trees

Many people will purchase a house where an apple tree was planted on the property several years ago. Often, the previous owners did not take the time to properly prune the tree. The tree has become bushy and weak and will produce very poor quality apples. Such a tree requires extensive corrective pruning.

The main objective in pruning such a tree is to try to open up the interior to allow good light penetration.

The first step is to remove all the upright, vigorous growing shoots at their base that are shading the interior. As with the young apple trees, it is necessary to select 3 to 5 lower scaffold branches with good crotch angles and spaced around the tree. Limbs with poor angles, and excess scaffold limbs, should be removed at their base. In some cases it is advisable to spread the corrective pruning over two to three seasons. When severe pruning is done in the winter, the trees should not be fertilized that spring.