This is a debate that took place on the Jewish Voice Broadcast with James White, Michael Brown vs. Joseph Good and Sir Anthony Buzzard. The actual debate takes place approximately 8 minutes into this video clip.
Lordship Salvation continues to be a hotly debated issue.
Does it add works as a prerequisite of salvation? Or does it simply say that the Holy Spirit will necessarily bring about repentance, sanctification, and submission to the Lordship of Christ in all those that truly have faith in Jesus.
Men like John MacArthur have been under attack on this issue, even by others in the Reformed camp.
James R. White of http://aomin.org/ answers a question on the topic.
Sola Scriptura (Scripture Alone)
The Bible is the only inspired, inerrant authority for Christian Faith, and it contains all knowledge necessary for salvation and holiness.
Sola Fide (Faith Alone)
Justification is by faith alone. The full righteousness of Christ imputed to us by faith (comprised of His active and passive obedience) is the sole ground of our acceptance by God, by which our sins are remitted.
Solus Christus (Christ Alone)
Christ is Prophet, Priest and King; the only mediator through whose work we are redeemed.
Sola Gratia (Grace Alone)
Salvation comes by God's grace or "unmerited favor" alone — not as something merited by the sinner. This means that salvation is an unearned gift from God.
Soli Deo Gloria (Glory to God Alone)
All glory is to be due to God alone, since salvation is accomplished solely through His will and action — not only the gift of the all-sufficient atonement of Jesus on the cross but also the gift of faith in that atonement, created in the heart of the believer by the Holy Spirit.
Based on SCRIPTURE alone, we can affirm that justification is by GRACE alone, through FAITH alone, because of CHRIST alone, for the GLORY OF GOD alone.