A federal Labor backbencher already facing criticism for taking photos of a protester threatening to set himself alight outside Parliament House has called the global financial crisis an act of God.
James Bidgood, a first-time MP from Queensland, was forced to apologise to parliament after he agreed to supply pictures of Wednesday's incident to a newspaper in exchange for a $1,000 donation to a charity.
The MP, who was hauled over the coals by Prime Minister Kevin Rudd over his actions, has now emerged in an undated DVD showing him speaking at a function at parliament.
In the speech, he argues that Christian marches for Jesus in London caused the October 1987 stock market crash and says "when Christians pray, God does things", The Australian reports.
"In 1987 there was another march for Jesus. That took place in April. And guess what happened in October 1987? The stock market crashed. All property values lost one third of their value and over a million people lost their homes," he said in the DVD.
"I believe when Christians pray, God does things.
"I believe what is happening today is as much to do with God in economics bringing judgment."
Mr Bidgood also warned the world was in the end times.
"I believe that there is God's justice in action in what's going on here and we haven't seen the end of it," he said.
"The ultimate conclusion is like I say we look at Bible prophesy we're going towards a one-world bank and a one-world monetary system and if you believe the word of God and you read Revelations ... you will see clearly what's being spelt out and we are in the end times."