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...heck all your money is going. Many potential investors in Patzer's idea thought people would simply never be bold enough to hand over all that information - Patzer himself admits to some early doubts. Turns out they underestimated how lazy or desperate we all are. In its first month, Mint signed up 50,000 users. At sale time, it had 1.5 million. (See pictures of expensive things that money...
...draw and redraw colorful pie charts and bar graphs that give you a clear picture of the many ways in which your money is seeping away - without you having to do much at all. If you want to know how you managed to spend $2,000 on food last month, click on "Food." Bingo! A new graph, breaking down the details - including the drinks, the fast food and the mid-afternoon coffee runs - suddenly appears. Mint also sends perky little reminders about when your credit-card bills are due, notes if you got charged a fee for something, or questions...
Advocates for the poor worked to revive the program over the following years. In 1959 - 50 years ago this month - Democratic Representative Lenore Sullivan of Missouri successfully championed a legislative amendment to launch a pilot food-stamp program to be run by the Agriculture Department. While the Eisenhower Administration showed little interest in the idea, President Kennedy's election the following year marked a major turning point: moved by the abject poverty he witnessed on the campaign trail in West Virginia, Kennedy authorized a three-year food-stamp program beginning in 1961. Following in McFiggin's footsteps...
...credit cards. In fact, it's not even called the food-stamp program any longer; in classic bureaucratese, it's now known as the Supplemental Nutrition Assistance Program, or SNAP. Recipients' incomes and property values must be below a certain level for them to qualify. In June, the average monthly benefit came to $294 per household and $133 per individual. Recently, officials have worked to make the program more convenient, distributing electronic benefit-card readers to farmers' markets so food stamps can be used there and encouraging more stores to accept them as payment (Costco announced this year it will...
...Last month, A.Q. Khan briefly emerged from his hillside villa in Islamabad after the Lahore High Court lifted restraints on his movement. (Those restrictions have since been discreetly reimposed.) Unrepentant about his role in leading the world's largest proliferation network, Khan appeared in a rare television interview to cheer Iran's nuclear program. "If Iran succeeds in acquiring nuclear technology, we will be a strong bloc in the region to counter international pressure," Khan told the interviewer. "Iran's nuclear capability will neutralize Israel's power," he added, adopting the pan-Islamist rhetoric that has endeared him to conservative...