2008 will be a second longer!?...Is this possible!?

With a brutal economic beatdown this year, 2008 may feel as if it will never end. Now the world's timekeepers are making it even longer by adding a leap second to the last day of the year. Along with the economy, the Earth itself is slowing down, requiring timekeepers to add an extra second to their atomic clocks to keep in sync with Earth's slightly slowing rotation. So an extra second will be tacked on to Dec. 31 after 6:59:59 p.m. and before 7 p.m. Eastern Standard Time. That extra second will make 2008 - already long with an extra day on Feb. 29 - the longest year since 1992. Confused yet....I am..