Summary: According to some economists, a Depression doesn’t have to be Great, with bread lines, rampant unemployment, and a wipeout in the stock market. The economy can sink into a milder depression — the kind spelled with a lowercase “d” — and it may be happening now.

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Summary: The Southern Poverty Law Center released its annual hate group report, titled “The Year in Hate.” The study found the number of hate groups has grown by 54 percent since 2000. The SPLC identified 926 hate groups — defined as groups with beliefs or practices that attack or malign an entire class of people — active in 2008.

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Summary: The economic crisis has trumped bullets and bombs in the intelligence agencies’ latest assessment of threats to the United States. Sounding more like an economist than the war-fighting Navy commander he once was, National Intelligence Director Dennis Blair told a Senate panel that if the economic crisis lasts more than two years, it could cause some nations’ governments to collapse. “The longer it takes for the recovery to begin, the greater the likelihood of serious damage to U.S. strategic interests,” he told the Senate Intelligence Committee, as Congress prepares to vote on a $789 billion stimulus package.

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Pope Benedict XVI 2008 Christmas message … “Urbi et Orbi” … “To the City and to the World” … Immelman family 2008 Christmas greeting.

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