David Wilkerson put it this way:

What are the shameful, disgraceful things that are happening in the church of Jesus Christ today? 
First of all it is the rotten seed that is being preached by covetous shepherds.

This is known as the prosperity gospel. This is one of the greatest reproaches that the church of Jesus Christ has ever perpetuated since Christ. This perverted gospel is poisoning multitudes in China, Africa and all over the world. It is an American gospel invented and spread by rich American evangelists and pastors.

It alarms me that so many people can hear the tapes and see the videos that are coming out of these prosperity conferences and not weep over them, and not get the burden for what is happening to the church. This poison has spread all over the world.

For the rest of the message…