Independent Institute Senior Vice President Mary L. G. Theroux testified on "Childhood Poverty, Government Failures, and the Need for Economic Liberty", before the California State Senate's Budget Subcommittee on Health and Human Services, at the request of State Senator Jeff Stone. The witnesses spoke about California's Maximum Family Grant rule for families on welfare. The rule caps grants and does not increase grant money to mothers on welfare when they have more children. Mary testified about the causes of poverty and of the need for other, non-government options for poor families. She introduced ideas for helping the poor through private resources and organizations, instead of government agencies where families and women often find themselves trapped in a cycle of poverty.
Research Fellow Vern McKinley, author of Financing Failure is interviewed by The Full Disclosure Network about the role of the Federal Reserve and whether or not it protects American citizens from financial disaster.
Research Fellow Vern McKinley interviewed on MSNBCs The Dylan Ratigan Show on the failure of Federal Regulators and the dysfunctional Mortgage/Banking system from the perspective of his new book, Financing Failure: A Century of Bailouts.