Posted by: Damon Whitsell | February 10, 2013

The Word of Faith PONZI SCHEME

James 5:15 – And the prayer offered in faith will make the sick person well; the Lord will raise him up. If he has sinned, he will be forgiven.

Pastors of evangelical churches today make an average of $40,000 a year.  Prosperity gospel preachers are fairing a bit better though.  Kenneth Copeland for instance: his ministry’s 1,500-acre campus sits behind an iron gate, a half-hour drive from Fort Worth…includes a church, a private airstrip, a hangar for the ministry’s $17.5 million jet and other aircraft, and a $6 million church owned lakefront mansion.

While Copeland has not released up-to-date salary statements, “the church disclosed in a property-tax exemption application that his wages were $364,577 in 1995; Copeland’s wife, Gloria, earned $292,593.  It’s not clear whether those figures include other earnings, such as special offerings for guest preaching or book royalties.”

*If you’re interested, there is a detailed listing of pastors and their salaries at the bottom of this post. (Ed Young jr., Joel Osteen, Benny Hinn…etc)

Religious Ponzi Schemes are rampant today and the only people being “blessed,” are the preachers at the top of the scheme.  Turn on just about any Evangelism/Christian Television Network on TV, and you will undoubtedly hear many prosperity preachers and charismatic faith healers giving a very shallow message filled with empty words, and immediately follow up the message with a short, 60 second breakaway spot where the Pastor, sitting at his desk, will plead the viewers to sow a “seed” of just $58, send it to his church in the mail, and God will bless you with a “harvest.”


If believers truly want their prayers answered and want to be blessed, sending a random dollar amount to a TV Preacher is as effective as placing a prayer cloth and an autographed picture of Jesus on the hood of your broken car in hopes that it will magically start.  Don’t waste your money.

Believers must pray fervently, earnestly, and be ready for God to say, “NO.”  Just because one “claims” victory over cancer, doesn’t mean God is going to take the cancer away.  God doesn’t care what Christians “claim,” He cares first and foremost about His will and His purpose and HIS glory.

“Name It and Claim,” they’ll tell you.  Take some random promise God made to a specific people (usually from the old testament,) and claim that promise for yourself.  As if we – FINITE HUMANS –  will hold God accountable to something He never promised us in the first place.  This is  man-made, man-centered theology, powered by extreme greed.  Anytime a “follower” of Christ, attempts to make outrageous demands for prosperity and personal gain, they reduce Almighty God to little more than a vending machine.

In the biblically sound churches, however, we are seeing this garbage doctrine infiltrate the minds of the spiritually weak and immature, whom are either not in the word daily – so as to be capable to spot such false doctrine –  or were never saved to begin with.  Either way, these are the victims the enemy will prey on.

If we are honest with ourselves, we may even notice our own prayers becoming more and more like shopping lists that show little care or concern for God’s glory or His will.  We’ve forgotten the model of prayer Christ gave His disciples and have traded it in for self-focused, subjective, felt-needs-oriented religion.


When I hear people say this or I see it posted on social media I just shake my head in disappointment.  Christians routinely reduce Prayer to a superstitious, selfish, and lazy means to an end.  Always with “VICTORY,” or “FINANCIAL FREEDOM…” aka wealth.

Word-Faith preachers will even use scripture to back up their fallacies.  Verses like Psalm 37:4 and John 15:7b.

It’s easy to make the bible say what WE want it to say when we take scripture out of context or we lack full understanding of what we are reading.  Read ALL of John 15:7…

If you remain in me and my words remain in you, ask whatever you wish, and it will be given you.”

Therefore, if we come alongside what God is already doing – our will aligns with HIS will – we will ask according to His purpose.  In other words, if we knew what God knows, we’d want what God wants.  So when we ask for things OUSTIDE of God’s will, of course He is going to say no!

Picking up a rattle snake from the grass may look like a good time to a 6 year old, but Daddy knows it could be deadly.  Consider…

James 4:3 – “When you ask, you do not receive, because you ask with wrong motives, that you may spend what you get on your pleasures.”

Stop claiming stuff and naming things.  The biggest and best promise we have from God is this…

1 John 2:25 – “And this is the promise that he made to us–eternal life.”

Reported Earnings And Salary Information of TV Preachers

Oddly enough, most of these “pastors” will not release their salary information for the public or their congregations to see.  There is some info known about them though:

Creflo Dollar – drives a Rolls-Royce, is transported in a private jet, owns a million-dollar Atlanta home and a $2.5 million Manhattan apartment.

Benny Hinn – said in a 1997 CNN interview that he earned between $500,000 and $1 million each year.

Joel Osteen –  stopped taking his $200,000 annual salary several years ago after being critiqued for his massive wealth. But he has made tens of millions of dollars off his numerous books. He and his wife, Victoria Osteen, moved to a luxurious $10.5 million, 17,000 square-foot mansion in the River Oaks neighborhood of Houston in 2010.

Bishop Eddie Long – “during the period between 1997 to 2000, Long received more than $3.07 million worth of compensation and benefits from his non-profit charity, Bishop Eddie Long Ministries Inc.” The investigation found that his compensation included a “$1.4 million six-bedroom, nine-bath home on 20 acres in Lithonia; use of a $350,000 luxury Bentley automobile” and “more than $1 million in salary, including $494,000 in 2000.”

Ed Young Jr. – According to a 2010 investigation by Dallas news station WFAA-TV, pastor Ed Young of Fellowship Church in Dallas lived in a 10,000 square-foot, $1.5 million home by the city’s Lake Grapevine. “Records show that Young was paid $240,000 a year as a parsonage allowance; that’s in addition what sources say is a $1 million yearly pastor’s salary.



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