Heritage Usa News Today : Breaking News, Live Updates & Top Stories | Vimarsana

the u.s. economy, which used to be the envy of the world is in the most serious trouble since the great depression. inflation is rising, standard of living is declining. >> tremendous inflation and not much growth. the country was not in a great depression but the united states is in the dumps. >> wall street was cold, gray, wet, and miserable. there was no comfort to be found outside for investors there was not much inside. the tickers carried almost nothing but bad news. >> we would have a terrible decade for investing. people were skeptical of the stock market. it was a sleepy wal...

>> we interrupt this program for an nbc news national report. >> and jim baker, head of the ptl ministry, has been found guilty on all 24 counts of fraud and conspiracy by a jury in charlotte, north carolina. >> he was selling lifetime partnerships at heritage usa, even though he knew they were oversold. the heritage grand hotel can accommodate only 25,000 partnerships, but 65,000 were sold. for the lower-priced bunkhouse partnerships, 7000 were sold for a building that had only eight rooms. >> they sent $50 a month for 15 years. she thought by giving to them god would ease her pain and that o...

Nbc news 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. >> he kept selling lifetime partnerships at heritage usa, even though he knew they were oversold. for example, the heritage grand hotel could only accommodate 25,000 partnerships, but 65,000 were sold. and for the bunk house partnerships, about 7,000 were sold for a building that had only eight rooms. >> jim and bakker's ptl club was sent $15 a month for 15 years. >> i made billionaires out of those people and i d...

Money they made was they fit a theme park, heritage usa which does not exist anymore. it did give us one of the greatest photos of all time their fellow televangelist jerry falwell going down the water slide in a suit. these televangelists made the holyland experience where bill mahr memorably has a debate with a guy paid to look like jesus. the prayer tower in tulsa, oklahoma, built by televangelists oral roberts. real credit to goes to televangelists building colleges. oral roberts university in oklahoma in the '60s. remember jimmy swaggart. the bible college. pat robertson, christian broadc...

Plus has a fast-acting antihistamine. oh what a relief it is! but it sure feels that way. because with power ports... and wi-fi... and in-seat entertainment, for everyone on board, now when you fly, time flies too. (flight attendant) sir, we're about to land. (vo) we're adding a brand new plane, with all this, every week. it's just one way we're building the new american. >> i got something wrong on the show this week. turns out it is kind of amazing. remember jim and tammie faye bakker, famous televangelists, got rich preaching on television and telling people to send them money. one thing th...