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Transcripts for CNN The Eighties 20191201 04:17:00

if jim bakker paid jessica hahn hush money, quote/unquote, what else has he been doing with the ptl money? do you worry about the investigation? not at all. history will prove the bakkers were honest people. we interrupt this program for a special report. jim bakker, the defrocked head of the ptl ministry, has been found guilty on all 24 counts of fraud and conspiracy by a jury in charlotte, north carolina. bakker kept selling lifetime partnerships at heritage usa, even though he knew they were oversold. the heritage grand hotel could only accommodate 25,000 partnerships but 65,000 were sold. and for the lower-priced bunk house partnerships, about 7,000 were sold for a building that had only eight rooms. estelle sent jim and bakker s ptl club $15 for 15 years.

Transcripts for CNN The Eighties 20191201 04:18:00

she thought by sending the money to them god would help her and her ailing husband. i have made billionaires out of those people when i don t even have enough to live on. bakker could be sentenced to 120 years in prison and fined over $5 million. i would say i feel sad, but encouraged in god. tammy bakker said she can best describe her feelings in song. on christ the solid rock i stand all other ground is sinking sand it s not over until it s over. s. we were the first in the world to launch 5g mobile. we flipped the switch on 14 nfl stadiums and with 5g ultra wideband, we hit over 2 gigabits per second. and we re gonna be in 30 cities by the end of this year. so thank you all.

Transcripts for CNN The Eighties 20191201 04:14:00

quick talking about saying you believe in god without ever acting on his word. now. faith is an act! in all, there are 1,600 television ministers. of the $1.5 billion grossed annually, just three of them, pat robertson s, jimmy swaggert s and jim bakker s, took in close to $500 million. the primetime preachers say they need the money to stay on the air, and they need to stay on the air to raise money. money for the kind of electronic equipment any network would be proud to own. i believe god wants us in the next 30 days to have every one of these bills paid in full, and ptl can live if we pay our bills. we can pay the bills if we would all just do something. as televangelism grows, jim bakker, is the one that truly gets it. he understands that preaching on television is not just about standing up and giving a fire and brimstone speech. he understands in the age of television, the johnny carson approach to televangelism, being more intimate, showing your

Transcripts for CNN The Eighties 20191201 04:15:00

lifestyle and your beautiful family, is what brings people in. and he s a brilliant entrepreneur and a brilliant salesman of himself. ptl. and here are jim and tammy! their appeal is powerful. last year, a million people responded to the bakkers constant request for money. how many do you have right now? just about 30. 30 what? silver 7,000 clubs. that s $90,000. praise god. the bakkers have been criticized for their own lavish lifestyle. just because i m a christian doesn t mean i don t like nice things, either. i love nice things, and jim and i work very, very hard for nice things. they say the only difference between men and boys is the price of their toys. toys like a fleet of luxury cars and fancy homes from palm springs, california, to south carolina. they think by them living well, by them having rolls-royces, everyone will think, ah, god shining his

Transcripts for CNN The Eighties 20191201 04:16:00

countenance upon them and thus upon us. and ptl becomes the vehicle for their media empire, for their theme parks. if we are to be fishers of men, that s what the bible says, we are fishers of men, we ve been using some pretty lousy bait. we ve just built better bait to reach people. you can have a lifetime partnership with ptl for a one-time gift of $1,000. four days and three nights every year for the rest of your life. that mix of god and greed ends up derailing them and ends up leading them to breaking the very rules that they re preaching about. television evangelist jim bakker has stepped down as the head of the praise the lord or ptl ministry. it came because of a sexual encounter seven years ago. jessica hahn is to be paid monthly as long as she keeps quiet about the incident. it turns out jim bakker has been paying off this secretary, and that shakes the evangelical world. the evidence seems to indicate that effort and money have been expended to cover mora

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