Venture investing falls in 2008 for first time in five years

The News Review:

- Venture investing falls in 2008 for first time in five years
- Inventure Group investing $1.5M in kettle chip plant
- Remember the tax benefit of investing in college
- Graves: Investing in Medicaid funding now can save tax dollars later
- Peter Schiff: Right n The Crisis Wrong n Investing?
- Pelosi Advocates Greater Government Investment in Banks: ‘Some …
- Scene Stealer Suddenly Hollywood Seems a Conservative Investment

Venture investing falls in 2008 for first time in five years
Bizjournals.com NC 
4 billion into 818 deals the lowest dollar amount since the first quarter of 2005 and a 26 percent drop from the $7. 3 billion invested in the third quarter of 2008. “The quarterly decline in investment was not unexpected as market uncertainty took its toll on venture activity” said Mark Heesen president of the NVCA. Given the dismal economics of the venture business lately some might be surprised the level of investing is still that high. Last year many institutional investors lost their appetite for investing in venture capital and other alternative investments as the stock market plunged. Last year was also among the worst for venture capitalists to cash in on their earlier investments via initial public offerings and mergers.

Inventure Group investing $1.5M in kettle chip plant
Bizjournals.com NC 
fficials said Monday work started this month on the addition of high capacity kettle cooking equipment high speed packaging machines and automated case packing equipment. Inventure (Nasdaq:SNAK) expects the project to be completed by the end of June. “This investment will allow for the continued expected growth and will help us remain competitive” said Terry McDaniel president and CE of The Inventure Group noting growth of its Boulder Canyon Natural Foods and Poore Brothers kettle chip brands. “There are many companies which believe the best course of action during these more difficult economic times is to pull back on investment” he said in a statement Monday. “We feel we need to continue to invest in order to maintain or increase our current top line growth rates.

Remember the tax benefit of investing in college
Tallahassee.com FL 
The investment may be worth it but that does not help with the fact that paying for college is a major financial commitment. With families facing increased financial strains taking advantage of assistance and incentives available for pursuing higher education has become a must. Scholarships grants loans and other financial aid programs provide the greatest assistance in paying for college. However it is also important to utilize various income tax incentives available. Tax incentives come primarily in two varieties: those designed to assist with saving for college and those that assist with paying for college.

Graves: Investing in Medicaid funding now can save tax dollars later
Austin American-Statesman TX 
‘;THER TAKESGraves: Investing in Medicaid funding now can save tax dollars laterTim Graves LCAL CNTRIBUTRMonday January 26 2009As the 2009 legislative session in Austin is now underway it has never been more important to improve the way we fund and provide care to Texas’ oldest most vulnerable seniors — and to invest in a modern efficient long-term care system that addresses today’s needs and tomorrow’s growing challenges. Making the appropriate investment in Medicaid can help reduce the number and frequency of hospital admissions by improving resident health and increasing the capability of skilled nursing facilities themselves to successfully treat more complex medical conditions and incidents – at lower cost to taxpayers. But this can only be achieved by meeting the Health and Human Services Commission (HHSC) Consolidated Budget target stating $368 million in new General Revenue spending is needed in the 2010-2011 biennium to address the operating and staffing needs of Texas nursing homes — which serve 60000 Medicaid nursing home residents twenty-four hour a day 7 days a week 365 days a year. This is not a Cadillac solution – it is a baseline necessity to increasing the number and skill level of direct care staff in nursing facilities across Texas. We were very pleased to see that the 12th Silver-Haired Legislature has specifically endorsed the need to properly invest in Medicaid. Among the Silver-Haired Legislature’s key resolutions is “Increase Medicaid funding that supports a rate for Texas seniors equal to costs reported to the state by long term care providers.
Related from Aviationmonster: Graves finds aviation rule proposal excessive

Peter Schiff: Right n The Crisis Wrong n Investing?
U.S. News & World Report DC 
Mish says not so well. In a long discussion of Euro Pacific’s strategy he lays out Schiff’s investing thesis and lists "12 Ways Schiff Was Wrong in 2008":Schiff’s Investment Thesis US Dollar Will Go To Zero (Hyperinflation). Decoupling (The rest of the world would be immune to a US slowdown. Buy foreign equities and commodities and hold them with no exit strategy. 12 Ways Schiff Was Wrong in 2008 Wrong about hyperinflation Wrong about the dollar Wrong about commodities except for gold Wrong about foreign currencies except for the Yen Wrong about foreign equities Wrong in timing Wrong in risk management Wrong in buy and hold thesis Wrong on decoupling Wrong on China Wrong on US treasuries Wrong on interest rates both foreign and domesticThat’s a lot of things to be wrong about especially given all the "Peter Schiff Was Right" videos floating around everywhere. The one thing he was right about was the collapse of US equities and no part of his investment strategy sought to make a gain from that prediction.

Pelosi Advocates Greater Government Investment in Banks: ‘Some …
CNSNews.com VA 
economy as “dark darker darkest” indicated that further nationalization of American banks may be necessary although she shied away from using the word “nationalization. ” Pelosi also told ABC’s George Stephanopoulos that investing in food stamps and unemployment insurance would be more effective in stimulating the economy than any tax cut would be. In a taped edited interview that aired Sunday on ABC’s “This Week” Pelosi was asked if she would go along with additional government investment in American financial institutions. Pelosi said she’s willing to do “whatever we have to do” to resolve the financial crisis. Asked if it’s a good idea to “have nationalization or partial nationalization of the banks” Pelosi responded “Well whatever you want to call it…. If we are going to put money into the banks we certainly want equity for the American people.

Scene Stealer Suddenly Hollywood Seems a Conservative Investment
New York Times United States 
The idea was that investing in a dozen or more movies at once with the return calculated in aggregate after all had been released was a sure-fire way to invest wisely. In many cases though it wasn’t. Now that the economic crisis has washed away much of that money a new pickup line is starting to waft through the air in deal-making hot spots like the.

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