“We will pay dearly as a nation for this thing going on,” he said, as flagged by Right Wing Watch. “And possibly if we were to stop all this slaughter the judgment of God might be lifted from us. But it’s coming, ladies and gentlemen,” the host of the “700 Club” said. “We just had a little taste of it in terms of the financial system, but it’s going to be shaken to its core in the next few months, years or however long it takes and it will hurt every one of us.”
Robertson’s unique take comes in response to the Dow tumbling by more than 1,000 points right after the opening bell Monday, after stocks on China’s bench-mark Shanghai Composite index plunged more than 8 percent. It had recovered by mid-afternoon.
Televangelist Pat Robertson says he believes the Dow Jones Industrial Average’s massive sell-off Monday morning was God’s way of punishing the Obama administration for supporting abortion rights and funding Planned Parenthood, not the reverberations of China’s stock-market crash.