Does the Rich Young Ruler Story Teach Lordship Salvation?

I suppose it is no mystery that TETH has long opposed the teaching that is commonly referred to as Lordship Salvation.  Having spent a great deal of time in the company of Lordship Salvationists, I am aware that there are some texts in the bible that they believe support a Lordship Salvation point of view.  I was recently confronted with the following statement about the Lord’s interaction with the Rich Young Ruler (RYR) in Matthew 19:

Steve Lawson - Almost Saved

In this video blog TETH examines Lawson’s concept of the “almost saved” and finds it to be at great variance with the teaching of salvation by sovereign grace taught in the bible.  A full transcript is found below with teth commentary in blue.