Sez Cain:
All of the talk about a national foreclosure freeze . . . all they’re trying to do is appeal to people’s emotions. 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! But it sounds good. It really sounds good, though.
Of course bankrupcty law is a federal issue, and Cain has no idea what he is talking about. Again. How many idiots are still backing this fool???