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But He Who Stands Firm To The End Will Be Saved - Matthew 24:13

Ponzi Prosperity Gospel

This article is reprinted from the google group All The Good News of Bible Prophesy ( http://groups.google.com/group/All-The-Good-News-OF-Bible-Prophecy. The mother site is 
I don't add a lot of articles these days, but this is one worth posting.  May the Lord open the eyes of our understanding.  
Bro. Eric 
5/26/09

The Ponzi Prosperity Gospel* 

By Pen Itent 
Posted on May 4, 2009, Printed on May 21, 2009 

Today we shriek as we hear of financial scams, corporate greed, and 
virtually anything money-related that isn’t entirely on the up-and-up. 
While religion has generally been a help in these economically difficult 
times, there is one segment of Christianity that is scamming as many as 
they can. Those who have ears (and debt) let them hear. 

The Prosperity Gospel, also known as a facet of the Word of Faith 
movement (a louder voice in Pentecostalism), has been writing checks 
with its lips that’s its theology can’t cash. Last year’s Pew Foundation 
mega-poll, which surveyed nearly 35,000 people (one of the largest 
religion polls ever accomplished), revealed a few interesting facts 
about Christians in the Pentecostal tradition, among them: 

• Pentecostals have the lowest incomes of any other Christian denomination. 
• Pentecostals have the least education of any other Christian denomination. 

The results show that Pentecostals have the most high school dropouts, 
the fewest college graduates, and the fewest post-graduates. But the 
most interesting thing is that they earn the least annual income of any 
other Christian tradition polled. This is shocking, considering that a 
main feature in popular Pentecostalism is the Prosperity Gospel, where 
church members are promised that God will make them rich beyond their 
wildest dreams if they tithe generously and believe that they will 
receive the money. 

The trouble I’ve seen… 

Not only do Pentecostals fail to out-earn the regular “non-spirit 
filled” Christian, they make less. For me, to read such information is 
heartbreaking, as I am a teacher in a private school that’s part of a 
Word of Faith church. The church is doing very well for itself, as most 
Pentecostal churches are, but the people are suffering. 

I often speak with coworkers and church members as they slowly slip into 
despair. I watch helplessly as their hopes dim, and their pennies 
dwindle. When I attend a service at this church, I hear the pastors 
declare that God will make everybody rich, if only they will throw what 
little they do have into the offering plate. Loud confident voices echo 
off the palatial walls of the sanctuary, while weary, struggling 
believers bristle with the hope of God’s “promises.” My impoverished 
friends dance down the plush expensive carpet to the altar and pull out 
their dollar bills (not their food stamps and government checks, though 
they have those also) and cheerfully give. The pastor nods approvingly, 
his hands folded in prayer (a shiny Rolex on his wrist), his eyes misty. 

Say what you want about the corruption of the pulpit, or the decadence 
of the minister—that’s not my issue. My point is that while the world 
howls at the scam artists who fail to deliver on big promises, 
Christianity has its very own Ponzi scheme that’s alive and well. At 
least when Bernie Madoff promised big returns he actually delivered (if 
only for a moment); the prosperity gospel doesn’t even do that much. 
When Joel Osteen, Ken Copeland, Paula White, or Benny Hinn take your 
money, you’ll never see it again (unless you happen to glimpse one of 
their private jets leaving a runway for Bermuda). 

Creating “The Least of These” 

When a major tenet of your theology is that people who invest in your 
church will experience wealth, while the facts show that your 
congregants are among the poorest and most desperate in the country, you 
have just been exposed. Further, when the national economy is in 
shambles, it should be criminal to continue to avoid taxes as a charity, 
yet earn immense amounts of capital on the promise of a better future. 
In the business world we call it a scam. 

So why are we silent while this happens in every neighborhood in America? 

Another concern raised by the Pew poll is the average profile of the 
victim. As Pentecostals tend to be the least well-educated group of 
believers they make a prime target for would-be millionaire pastors. In 
many ways, I am as green with jealousy as these prosperity preachers are 
with greed, in that the scammed believers have more faith in their 
little finger than I will probably ever know in my lifetime. They would 
give the shirt off their backs if they believed God wanted them to, and 
many of them have. These people have the purest of Christian hearts, 
trusting the intentions of their Shepherd as they’re led as lambs to the 
slaughter. 

Bankrupt Prosperity 

Imagine that there was a brand of theology in which people were taught 
that God has promised to give followers an additional arm, right from 
the center of their chest. Let’s say it taught that scripture had 
everywhere indicated that this was the case, and that by believing this 
“fuller” version of the gospel, you were opening up the as-of-yet closed 
off area of blessings that Christians have forgotten about (i.e. growing 
another appendage to better do God’s work). 

Let’s imagine that after about 50 years the movement has spread 
worldwide, with followers numbering in the millions, and you look to see 
how many of these folks have in fact grown that “arm of the Lord.” Upon 
inspection you find that the vast majority of them have lost an arm, 
leaving them worse off and less able to serve than even those old 
two-armed folk. The irony would be overwhelming. 

Despite the statistics, and the continued empirical evidence of 
devastated human lives (Pentecostals also have the most divorces), few 
if any Christians have plainly spoken against the Prosperity Gospel, or 
raised awareness that measures any merit. While high-level corruption 
and financial disarray are the soup du jour of recent weeks’ media 
cycles, this prominent and aberrant theology has been allowed to wreak 
destruction on a mass of people who are grasping at economic straws. 

Prosperity Gospel theology is bankrupt. The debate raged for years about 
how much sense coveting money made in the context of biblical 
principles, but now the fruit has been borne and the numbers don’t lie: 
those who attend Prosperity Gospel churches are in fact worse off for it.