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.
If your credit score is excellent at 780, a foreclosure will drop your score by 140 to 160 points. In other words, the higher your credit score the more it will get smashed! High credit score holders must think much more carefully before foreclosing or conducting a short-sale. bad credit score will cause for much higher rates for a car loan you shouldnât get, a credit card you should sign up for, and a new property you shouldnât buy. Seriously ask yourself whether you can do without credit and have a black mark on your account for seven years before going into foreclosure.