Monday, October 18, 2010

Holy Bankruptcy!


Crystal Cathedral in Garden Grove, California filed for bankruptcy protection, today. The church is more than $43 million in debt. The 10,000 member church takes in about $2 million a month...but times are tough!

The church was founded at a drive-in theater and attracted congregants with its sermons on the power of positive thinking. Its worship hall opened in 1970 and remains an architectural wonder and tourist destination.

The "Hour of Power" telecast, filmed in the cathedral's main sanctuary, at one point attracted 1.3 million viewers in 156 countries.

Church officials say that they will pay all of their debts. After all, that's the power of positive thinking, right?