financialelite.blogspot.com — I for one am glad 2008 is over, but maybe for different reason than most. Day after day all I hear is bad economic news. Doom and gloom all day long. Everything from the economy has been in a recession for a year, 2 million jobs have been lost, the S & P 500 has plummeted more than 40%, foreclosures are up, banks won't lend, credit is being frozen.