CAIN:
... You see, the United States federal government, folks, has no jurisdiction over bankruptcy law. States do!
So, if some states decide that they want to investigate some of these phony or incomplete foreclosures, it’s up to the states. This is not even under the jurisdiction of the federal government!
REALITY:
According to Article I of the Constitution, “[t]he Congress shall have power . . . [t]o establish a uniform rule of naturalization, and uniform laws on the subject of bankruptcies throughout the United States.”
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