In fact, the opposite is true. It is my belief that the prison industrial complex does exactly what it is designed to do: disappear and kill precisely those people who present the greatest threats to State power (people of color, the poor, social and political dissenters, non-citizens, and youth).rison Industrial Complex (PIC) is a term we use to describe the overlapping interests of government and industry that use surveillance, policing, and imprisonment as solutions to what are, in actuality, economic, social, and political problems..
A foreclosure remains on your credit report for 7 years, but its impact to your FICOÂ® score will lessen over time. While a foreclosure is considered a very negative event by your FICO score, it's a common misconception that it will ruin your score for a very long time. In fact, if you keep all of your other credit obligations in good standing, your FICO score can begin to rebound in as little as 2 years.
Therefore, before your foreclosure even begins, you will have negative marks on your credit, bringing your score down. Most banks wait until you are 90 days behind in your payments to begin foreclosure proceedings, which often take two or three months to complete.