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Kenneth Lewis - 2013 Pastors and Leadership Conference - The Potter’s House of Dallas (64k) · Healing the Strong Ones: Faith & Purpose

• 0:01
  Speaker 1: It's coming. Pastors and Leaders 2013.
• 0:05
  Speaker 2: I think it's incumbent upon us all to recognize that
• 0:09
  Speaker 2: the season that we're in, that we need fresh ideas.
• 0:14
  Speaker 2: A new dialogue in the way that churches are financed
• 0:19
  Speaker 2: across the country. If in fact that you are able
• 0:22
  Speaker 2: to see that houses... I live in California. We got
• 0:30
  Speaker 2: hit real hard like everyone else, Texas, you know. But
• 0:37
  Speaker 2: here's what happens. When values begin to drop down the
• 0:42
  Speaker 2: way that they have, and we've got an unemployment right
• 0:46
  Speaker 2: under 9%. We've got a serious problem. They're saying that
• 0:53
  Speaker 2: it's better. for us to write all the debt down
• 0:56
  Speaker 2: to what the real present value is and that we
• 0:59
  Speaker 2: would save literally billions of dollars. Now, remember I said
• 1:05
  Speaker 2: that it runs on three tracks. If it started in
• 1:08
  Speaker 2: the residential, Then it came over to the commercial. Then
• 1:12
  Speaker 2: it hit the churches. So now we find ourselves, the
• 1:15
  Speaker 2: correction is being made in the financial and the residential.
• 1:20
  Speaker 2: Then we're going to see the shift in the commercial.
• 1:22
  Speaker 2: And then you're going to see the shift in the
• 1:24
  Speaker 2: way the churches have financed it. And all of a sudden,
• 1:27
  Speaker 2: when we've got this outstanding debt. And they'll say, wait
• 1:29
  Speaker 2: a second, we really can't expect you to serve us
• 1:31
  Speaker 2: to debt when the value is plummeted. We need to
• 1:34
  Speaker 2: take a look at your whole situation and give you
• 1:37
  Speaker 2: a fresh start. Because we went to the government and
• 1:39
  Speaker 2: asked for TARP money, and they gave it to us
• 1:42
  Speaker 2: and gave us a fresh start. And we lent it
• 1:44
  Speaker 2: all out and got a return and paid these outstanding bonuses.
• 1:48
  Speaker 1: Now we need to trickle it down.
• 1:50
  Speaker 2: But the deal is, you got to hang in there, baby.
• 1:54
  Speaker 2: Churches around the country are going through some very, very
• 1:58
  Speaker 2: serious economic crises. The foreclosures are happening in record numbers.
• 2:03
  Speaker 2: We're going to show you how to avoid the foreclosures
• 2:06
  Speaker 2: that are happening. Interest rates, debt reductions, principal reductions are
• 2:11
  Speaker 2: all a part of our strategy. There's much, much more
• 2:14
  Speaker 2: that goes into saving a church. We look forward to
• 2:17
  Speaker 2: seeing you at the Pastors and Leaders Conference.
• 2:20
  Speaker 1: Pastors and Leaders 2013 No church left behind.