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#1 According to the San Francisco Chamber of Commerce, more than half of all the storefronts in the entire city of San Francisco are no longer in business.

#2 Just a few hours ago, New York City reported that it had an unemployment rate of almost 20 percent during the month of July.

#3 Speaking of New York, 83 percent of all restaurants in the city were unable to pay their full rent last month.

#4 In 2020, the state of Louisiana has lost twice as many jobs as it did after Hurricane Katrina. By the way, many are concerned that Hurricane Laura could soon become a similar monster storm.

#5 In the state of South Carolina, an eye-popping 52 percent of all renters “are at risk of eviction”.

#6 Americans now owe more than 21 billion dollars in unpaid rent.

#7 Overall, 27 percent of all Americans did not make their rent or mortgage payment last month.

#8 According to the Mortgage Bankers Association, the delinquency rate on residential mortgages increased by 386 basis points last quarter. That was the most rapid rise that we have ever seen by a very wide margin.

#9 U.S. bankruptcies are already at their highest level in 10 years and they are expected to surge dramatically as we approach the end of this calendar year.

#10 For companies with more than 1 billion dollars in assets, it is being projected that there will be a record number of bankruptcies in 2020.

#11 World trade plunged to the “lowest levels on record” during the month of June.

#12 The percentage of hotel mortgages that are 30 or more days delinquent soared to a whopping 23.4 percent last month.

#13 American Airlines just announced that they will be eliminating 19,000 jobs next month.

#14 31 percent of U.S. workers that were brought back to work after being laid off during the early stages of this pandemic have been laid off a second time, and another 26 percent have been told that layoffs may be coming soon.

#15 According to one recent survey, about half of all U.S. workers that have been laid off during this pandemic believe that their jobs losses are permanent.

#16 The IRS is projecting that it will receive 37 million fewer W-2 forms for this year than originally anticipated.

#17 Over the last 22 weeks, more than 57 million Americans have filed new claims for unemployment benefits. In all of U.S. history, we have never seen anything that is even worth comparing to this.

Many of the numbers in that list are so catastrophic that it is difficult to believe that they are actually true.

Salvation only through Jesus Christ
We believe that, owing to universal death through sin, no one can enter the kingdom of God unless born again; and that no degree of reformation however great, no attainments in morality, however high, no culture however attractive, no baptism or other ordinance however administered, can help the sinner to take even one step toward heaven; but a new nature imparted from above, a new life implanted by the Holy Spirit through the Word, is absolutely essential to salvation, and only those thus saved are sons of God. We believe also that our redemption has been accomplished solely by the blood of our Lord Jesus Christ, who was made to be sin and was made a curse for us, dying in our room and stead; and that no repentance, no feeling, no faith, no good resolutions, no sincere efforts, no submission to the rules and regulations of any church, nor all the churches that have existed since the days of the Apostles, can add in the very least degree to the value of the blood or to the merit of the finished work wrought for us by Him who united in His person true and proper deity with perfect and sinless humanity. (Leviticus 17:11; Isaiah 64:6; Matthew 26:28; John 3:7-18; Romans 5:6-9; 2 Corinthians 5:21; Galatians 3:13; 6:15; Ephesians 1:7; Philippians 3:4-9; Titus 3:5; James 1:18; 1 Peter 1:18-19, 23.)

We believe that the new birth of the believer comes only through faith in Christ and that repentance is a vital part of believing, and is no way in itself a separate and independent condition of salvation; nor are any other acts, such as confession, baptism, prayer, or faithful service, to be added to believing as a condition of salvation. (John 1:12; 3:16, 18, 36; 5:24; 6:29; Acts 13:39; 16:31; Romans 1:16-17; 3:22, 26; 4:5; 10:4; Galatians 3:22.)

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