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Or would you rather catch up on that heavy reading you promised yourself over New Year 's , but just have n't gotten around to ? " It 's like New Year 's Eve . While some worry excessively about Y2K , says psychologist Everett Siegel , M.D ., a professor with the Johns Hopkins School of Medicine , others tend to become more reflective than anxious as New Year 's approaches . In this part of the world we have a double share of holiday presents , generous people giving at New Year 's , as well as Christmas . Of New Year 's resolutions , he says , " I 'm really good at making them , and I 'm equally good at breaking them . The approach of New Year 's Eve may be evoking different feelings in different countries . In his speech to the nation at New Year 's , the Italian president , Carlo Azeglio Ciampi , spoke of " Italy , land of a hundred cities , that unites love of my home town with love of my country and love of Europe . Its influence has been particularly extended through a card game based on the collection , called uta karuta , played especially at New Year 's .