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While walking away from the poker table can be easy, walking away from life - and all the risks and rewards it presents you - is not an option. But in both venues, the rule should be the same: gamble only what you can afford to lose - and know when you're approaching those stakes...

Author: /time Magazine | Title: How Winning Can Mean Losing in Poker and Life | 1/13/2010 | See Source »

...dearly: import duties of more than 100% essentially double the sticker price of all foreign cars. To get around that, BMW and Mercedes assemble some of their models locally, cutting the taxes in half. When BMW first arrived in India, it discovered that the customers who could afford a luxury car were not used to going out of their way to buy it, says Peter Kronschnabl, president of BMW India. In the past, a car would be sent to the home of a prospective buyer, who would decide by the look of it in the driveway whether to purchase...

Author: /time Magazine | Title: Foreign Luxury Cars: Picking Up Speed in India | 1/12/2010 | See Source »

...said. "And guess what New Mexico gets? $2.03." Without the additional federal money, Schwarzenegger said, he will again propose the elimination of CalWorks, the state's welfare-to-work program, as well as in-home services for the disabled and elderly. (See why the U.S. can't afford to let California fail...

Author: /time Magazine | Title: California Deficit: Arnold Has to Make 'Sophie's Choice' | 1/9/2010 | See Source »

...covered by most states and is paid out-of-pocket by individuals. Grabowski said the system “accentuates a two-tiered elderly health care,” in which people from lower income communities live in Medicaid-financed nursing homes,  while those who can afford the costs choose assisted living—the favored type of care...

Author: By Helen X. Yang, CRIMSON STAFF WRITER | Title: Unequal Distribution of Assisted Living Homes Hints at Problems, Study Says | 1/8/2010 | See Source »

...This was a screwup that could have been disastrous," he said. "We dodged a bullet, but just barely." If it wasn't already clear, the President put the government on notice. It has failed once. It cannot afford to fail again...

Author: /time Magazine | Title: Obama's Terrorism Postmortem: Still Not Connecting the Dots | 1/6/2010 | See Source »

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