Point Roberts, WA, December 30, 2006 --(PR.com
)-- HomelandDefenseStocks.com (HDS), a global investor and industry news portal for the homeland defense and security sector, presents the Spade Defense Index Online Audio Update. This month’s interview with Scott Sacknoff, manager of the SPADE® Defense Index (AMEX: DXS), discusses the recent congressional elections with a look at its potential impact on the homeland security sector moving forward into 2007 and early 2008.
“Fundamentally, the Democratic Party is constrained by its desire to capture the White House in 2008. After capturing control of the Congress for the first time in more than a decade, the Democratic leadership is likely to focus on more moderate and achievable issues,” explains Scott Sacknoff.
Iraq is still front and center when it comes to the overall discussion. Based on comments, Mr. Sacknoff believes that the Democratic-led Congress in 2007 and early 2008 will focus on achieving smaller objectives to include improving the sharing of intelligence information, boosting cargo screening at airports and seaports, and directing funds toward improving security for mass transit, rail, and chemical plants.
According to Mr. Sacknoff, the budget for the Department of Homeland Security is unlikely to be significantly affected. “The agency’s budget has been raised about $2 billion annually in each of the last several years and the changes on Capitol Hill should not impact this trend. The Democratic leadership has already called for increased budgets in the area of homeland security and, should this occur, much of it will be allocated directly to the states for their provisioning. Keep in mind that homeland security activities extend beyond the Department of Homeland Security. Other agencies such as DARPA, the Defense Advanced Research Projects Agency, and the military services (the Army and Navy, predominantly) have seen an increase in research initiatives designed to improve border and homeland security,” describes Sacknoff.
To Listen to the Interview in Full Go Here: homelanddefensestocks.com/Content_Partners/SI/news/dec06.asp
HomelandDefenseStocks.com, BorderandPortSecurity.com, and NationalHomelandSecurityKnowledgebase.com, are global investor and industry research portals for the homeland security and defense sector. These websites do not make stock recommendations, but feature industry and stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of stocks in the sector. They are a Leading Site for "Homeland Security Stocks" on Google.com, Yahoo.com and MSN Search with resources and services for both investors and companies in the homeland security and defense industry.
Additional Homeland Security Content:
HomelandDefenseStocks.com (HDS) provides a variety of global defense and security content through: The Defense Market Report, by James H. Smith, Homeland Defense Business Correspondent for MSNBC, CNN and the BBC; The Spade Defense Index with Scott Sacknoff; Mallon's Security Report by Mallon Associates and the HDS Blog all available at: homelanddefensestocks.com or become a ‘priority’ member of the Investorideas.com investor and industry research resource portals and be at the top of their list to be the first to know what is happening in industry and sector trends. investorideas.com/membership/
HDS also includes one of the most comprehensive free Homeland Security stock lists in the investment industry:
Disclaimer: HomelandDefenseStocks.com does not make recommendations, but offers a unique information portal to investors to research news, articles, and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell any specific products or securities. All investments involve risk. Although we attempt to research thoroughly, we offer no guarantees as to the accuracy of any information presented. We encourage all investors to use our sites only as a resource to further their own research. All information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of ECON or its related web sites. The site is currently compensated for by its "featured companies." HDS is not compensated by the Spade Defense Index. InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Dawn Van Zant 800.665.0411
Ann-Marie Fleming 866.725.2554
Email: dvanzant@HomelandDefenseStocks.com, or afleming@HomelandDefenseStocks.com