PGA Tour and LIV Golf make $1 Billion Dollar Deal

[@roberttysinger4837]

My opinion is the PGA did this to themselves. They had to have all the control over the players. LIV let the players compete and do their own thing and they actually made professional athlete money. The PGA saw players leaving and had to do something. People spout blood money and this and that but who folded?

[@LeprechaunGinger]

The Saudi’s had ownership of 28 of the tour sponsors, so their blood money was already there. LOL.

[@danmyers9372]

The only reason the PGA folded was $. They simply did not have the resources to continue to battle the almost unlimited resources of the PIF in court. Continuing to fight likely would have doomed the PGA.

[@CwBDaveis.716]

@@danmyers9372 They were dooming golf messing up the world rankings. Eventually it would have completely caught up to the PGA and made them much less of a brand. It would have taken years to sort out the world golf rankings. Now we will see proper rankings.

[@danieljd6776]

It's not blood money anymore when it's offered to you.

[@MW-uy3np]

screw the pga tour. But it would be nice to see the best players compete freely on either tour on an annual basis. Let's see what Tiger comes up with lol

[@barneystone1715]

Yep, screw the tour with 100 years of history...lol ..what a dope

[@RBH-q8e]

Blood money is always blood money hence the term a person just need to decide what level of vampire!

[@oahujuniorgolfassociationc6656]

@@barneystone1715pga tour is like a quarter century from being 💯

[@xslash10x]

@@barneystone1715 100 years?? Lol you might want to check your sources

[@18toscratch]

I agree with Bryson they need to have a Ryder Cup Style LIV vs PGA Tour Tournament

[@davidlee974]

I’m Australian and I love liv

[@jlinbkk7184]

Starved of real golf.

[@isambo400]

They should do 2 events per year. It’s always very hype down under

[@kentm8841]

Brandel will start his own tour. LOL

[@travishostetler7648]

And George Soros will fund it

[@DanielSong39]

Not sure about Brandel but surely some of the PGA Tour veterans now without jobs will look to join another tour For example PIF could easily buy the PGA Latinoamerica and start with 10 events with $2M purses and a spot in LIV Golf for the Order of Merit champion I guarantee this will have a few takers

[@danmyers9372]

Brandel wasn’t wrong. I applaud him for speaking the truth about the PIF and the Saudis. There was a time (not long ago) when morality and virtue actually meant something. Unfortunately that no longer is the case and now the PGA Tour is going to bed with the devil.

[@DanielSong39]

@@danmyers9372 Um what do you think Wall Street and USA is

[@isambo400]

The Phone Book Golf Association

[@Beekeeper58]

Thought the Brandel comment was spot on!!!😂😂😂

[@themotivationalgolfer]

Thanks for keeping all the pertinent news flowing! Makes me curious to hear what's coming, but I'd be lying if I didn't see this happening months ago... Too much $$$ to be lost. Love the energy and content killer 😎

[@mberens1010]

I'm just hoping this whole thing just moves forward in the best interest of golf!!!!!

[@stiggsmasta]

Haven't missed a LIV round. Love it.

[@CwBDaveis.716]

Same :)

[@drummerboy7201]

Will they turn the friggin music off? please...

[@vermeerrecpt9290]

I do not like the music.

[@andynaz5631]

Music at least needs to be designated to areas that are not adjacent to greens.

[@chevy4x466]

I would say limit it. Perhaps the music needs to be better thought out too. Some events seemed pretty heavy on the house music. I think they need to turn it down a few decibels.

[@jcmoye1]

Love the music, I play with music all the time old man 😂😂

[@chevy4x466]

@@jcmoye1 so do I young blood. We play music in our house.

[@rushraven7499]

I really like your ideas and agree with you. On alot of stuff you talk about. and hard work you put into growing the game of Golf. I have loved my whole life. Keep up the good work. Take Care PS You probably know this but alot of my friend have become very disinchanted and are not interested anymore In golf! With out fans this all falls apart my 2 cents

[@FLjeffinPCB]

I'm just looking forward to seeing the best players play each other again.

[@jcmoye1]

PGA should have golf teams and compete against LIV golf teams!! That would be sick !!

[@jedi_417]

I hope LIV doesn’t completely stop having events in the U.S. I really like LIV the way it is.

[@wessims3412]

If it happens it happens, but I hope LIV stays separate as they don’t need the PGA Tour to be a success because they already are. I watch very little PGA anymore. I find it boring. It’s nice to have two separate golf entities. It’s no different than having Coke and Pepsi in the same store. Live with it. I think the LIV format is awesome and if they merge changes would take place which destroys the original concept. But money is money and they will do whatever they want.

[@thomaspalmer5123]

Matt, I agree with you on many things, but I can't on this. First off, this was clear as mud. Next, I'm a long time PGA follower but I don't agree that the guys who whined and bitched about the "blood money" (Horschel, Rory, tigger, Justin, etc, etc.) shouldn't get one red cent. At face value, this looks like a cash bail out for the PGA Tour, I could be wrong. This just looks like the rich on the PGA Tour getter richer. We'll see when the actual deal comes out if I'm wrong.

[@coobay4786]

It only looks that way to you because that's exactly what's happening.

[@DanielSong39]

I'm OK with those guys getting 9 figures if they will be serving as team captains in an expansion team Obviously they should not be getting money to disband LIV Golf, fire Greg Norman, and promote US/UK government propaganda

[@kennethmckinney2532]

Honestly I don't want LIV to have anything to do with the PGA Tour. I was hoping they would just work with the DP and Asian Tours and spread golf around the world. I'm American but we don't own golf...

[@DuxetRex]

Get over it. U think the PGA or other tours aren't funded by oil money? You're delusional.

[@tko9624]

The PGA TOUR is a corrupted entity.

[@Tuheleloa]

Money Rules!

[@martintotterdale765]

Saudi Arabia is US second biggest Trade partner. If you eat food, drive a car use any infra structure at all then you already benefit from Saudi interaction. Yet you want Phil Mickelson to be political for you! Naive!!!

[@kennethmckinney2532]

@@DuxetRex I think you guys really have issues with reading comprehension. I love LIV golf and have no problem with Saudi money...

[@pisces010365]

Great breakdown Matt. You asked for thoughts, so here it goes. you mentioned you liked the way it was, as id I, but said the resentment added, I would say instead of resentment the tension made it better. If we had a series that added a little tension and separation between the leagues I think that adds something for the players and the viewers. I like the idea of LIV having its own Non-US tourneys (Would love to see Adam Scott play with the other LIV Aussies). I had a different vision of how the leagues would settle, but I like this. I thought we'd have a hierarchy with LIV being the TOP money tour, but not conflicting with the PGA; Ala UEFA. PGA players could graduate to the LIV tour and some LIV players could be relegated and get guaranteed spots for a period of time in the PGA. This setup you describe perhaps allows for a more comfortable coexistence and more money for the Ricky Fowlers and Justin Thomases of the tour. Thanks for the great reporting. I look forward to further updates on this.

[@swish1onu]

Rory was knocking the other guys saying they sold out for blood money... And now hlthat he's getting his cut... He's not bitching anymore

[@CwBDaveis.716]

I agree with you- I watched both and I thought the shakeup and diversity was great for golf. Now we all know it is. It was frustrating knowing that the world golf rankings weren't legit, and the pga, in my opinion was messing up and ruining golf. I think it was obvious to everyone once the LIV players showed up for the tourneys they were able to play in in the pga. Currently watching DP Worlds and you got two LIV players (out of only 3 in the field) in the top 5 in this tourney. They consistently play well on the Asian tour. Glad to see things are coming together. Golf is about to be SUPER awesome!!! Excellent job at breaking it down!

[@rightsidewarrior2010]

I think it’s good for golf.

[@Golf67]

Good explanation of a very confusing subject Matt. TY👏

[@techvelo]

I've been to 3 LIV events this year, if there are only PGA Tour events next year in the USA I'll be staying home. PGA Tour events are like going to a retirement home to watch croquet.

[@oahujuniorgolfassociationc6656]

Not sure if this is true or not but it sounds about what I’ve been saying they will eventually do. The key imo is that LIv can bring over the remaining big stars left on the pga tour …and stays exclusive limited field. And of course the pga tour invite back all the guys who should still have status; starting with Lefty. We do want to see the best playing together a lot. LIv needs to drop a couple of events. Pga tour needs to drop the required events. Let’s do this.

[@stevepierce1238]

It is good for golf. I am wondering how many PGA players will want to join LIV once the equity is parlayed. The majors and Players will be fun to watch. I think the Saudis in 9/11 days are a bit different today with wanting the Abraham accords and brinkmanship with Israel. I remain optimistic.

[@GeorgeBlackshawlivingthedream]

I think they could add a couple more teams to a LIV event, that would be sick!

[@stevenjenkins3882]

LIV has a KZbin channel that does well😮

[@Pud56]

I love LIV, great free to air on YT and their App, no ads, it’s allowed the pros to have time to do YT and meet fans, do charity stuff etc. this blood money comment has always been wrong, don’t drive your car if you don’t like Saudi, also the top 100 companies are largely invested in by Saudi. PGA didn’t build the players, they stole them from other tours around the world, Australias tour is now dead, sunshine tour in Africa, dead, DP world tour, is a feeder tour. LIV purchased the players rather than stealing them, so who has the lowest morals? Neither, they are professionals, money counts

[@michaelgiammarino7313]

Well said!

[@jellybaby9630]

20k subs 20k views Perfect Ratio G'day Mate

[@jasonfischer3789]

That's an interesting take, Matt it does make a lot of sense now, L.I.V hasnt relesed any U.S.A dates

[@homeofinventions]

When is your Kai Trump video coming out?

[@rooboy69]

Not having any Liv golf tournaments in the USA if true would be a mistake

[@philalberts7018]

Let's go Brandel !! 🤣

[@2putts2win]

So what will happen to the Korn Ferry Tour players who qualified for their 2025 PGA Tour cards? Are they going to get degraded to the lesser attended events on the pga tour? Is Bubba’s now scrappy golf game going to carry more weight than an up and coming tour player like Kevin Roy who earned his card on the KF Tour?

[@MaxyBosm]

I just hope that if this merger happens a true world tour comes of it. Americans can say what they want but LIV have given countries the ability to see top talent that they haven't seen in decades.

[@mikecoughlin4128]

Rumors are rumors. I’ll reserve judgment until I hear joint official word. Don’t get me wrong, speculation is fun and entertaining.

[@Gac618]

Makes sense that they got a deal done. Knew it was coming especially after they made Greg Norman take a back seat

[@DanielSong39]

Looks like the solution is to expand to 24 teams 12 teams in the USA League 12 teams in the International League Top 8 from each league make the Team Championships SSG, Tiger, Rory, get their franchises in the USA League Jordan Spieth, Justin Thomas, Viktor Hovland, Scheffler, Schauffle, get equity as team captains Well we'll see how it goes down but surely there is a market for this

[@garretlong5948]

Very interesting. I hope there is some reconciliation, even if only to get LIV players WGR points and improve major competition. Let's see what happens.

[@DanielSong39]

I think if LIV goes to 24 teams with 2 divisions it will all be solved PGA Tour stars would get team captain spots in the USA division Most of the current LIV teams would go to the International Division LIV tournaments would have 12 teams and 48 players but there would be a separate tournament for each division The Elevated PGA Tour events gets repurposed to LIV events Top 8 teams from each division make the Team Championship at the end of the season

[@RamxRamx-fw3gm]

All those guys have a tour card already. Not sure what you’re saying. These Liv guys already had their tour card. And they already got paid when they went to Liv. Awesome

[@charlesbond4413]

The PGA Tour took a turn in 2017 when Jay took over. He never had the big picture in mind. That’s not good or bad, just his focus was stay the course and make more money for the organization, not the players. He was woefully old school and totally failed to see other avenues, especially social media and golf’s changing televised games. Modern tv commentators ought to listen to wide world of sports commentators. Instead of watching the game, they are commenting on what stats their screens are giving them. It is one of the reason that many golfers prefer LIV, collegiate golf and the LPGA. Those announcers are in the game they’re watching. I’m glad this will get resolved. I don’t care what happens other than they make tournaments fun to watch again. Less opinions is a start. I care nothing for “their” opinions.

[@Tuheleloa]

The Rich get Richer!👍🏿⛳️

[@macheesmo3]

LIV as 8 international team tournaments plus a team final seems the way to go.

[@RBH-q8e]

First 3:30 minutes of podcast just a giant word salad of BS!

[@diggingupnorth3453]

I would argue the entire thing was exactly that. Its just 100% pure speculation

[@danmyers9372]

I have long hoped that the Euros and internationals would start their own Ryder Cup type event against each other. I think it would add a lot to the game and also provide some relief for the US players by giving them a year off which the US players could really use. Having to play a really long PGA schedule, then the PGA playoffs (plus all the majors) the top US players then have to go directly into either a Ryder Cup or Presidents Cup EVERY year without a break while the Euros and internationals currently only play in the big cup events every other year. It really is a big disadvantage for the US players.

[@corregoj]

1.- IS NOT A MERGE. 2.-Pga TOUR, does not create players, attracts players that have been created all over the world. 3.- Pga Tour does not have contract with any player , they are all free contractor.

[@corregoj]

4.- is PIF and Pga Tour deal! ( LIV not involved!!!)

[@dbo4506]

@@corregoj who is PIF?

[@alienrenders]

@@dbo4506 Saudi PIF (Public Investment Fund) is a national fund used to invest in lots of different areas including sports. Many countries have a PIF. The Saudi PIF owns LIV.

[@coobay4786]

Yeah they are self-employed contractors as long as they do exactly what the PGAT tells them to do. Like you can only play in tournaments that the PGAT gives you permission to play in. I'm in the engineering business and people who are self-employed contractors can go work for whoever they want without any repercussions. PGAT has always been a monopoly and they are trying like hell not to lose it.

[@corregoj]

@@dbo4506 The Saudi Arabian Public Investment Fund (PIF)

[@we5xz-1902]

Golf is hurting now that Tigermania has slowed. There are a lot of courses and resorts that are not being maintained like they once were. The global economy is partly to blame as well.

[@Wilksey75]

It’s not much considering they paid John Rahm half that just to play golf

[@lvond555]

Brandel. WDYD?!? 😆

[@cdog3847]

What's going on with the DP World Golf Tour?

[@neilcameron3021]

Feeder tour

[@chrisrobinson976]

The majors have a real dilemma on their hands. I know that they want the best fields but I don't think they want 6 additional events with fields that are equal or stronger then theirs.

[@DanielSong39]

Masters has had trash fields since like 1934, doesn't seem to bother them

[@stickgs]

Add in the WGC Events - make available for both groups.

[@nbargolf]

FYI everyone talks about PIF blood money but The Aramco Team Series presented by PIF is a series of five Ladies European Tour (LET) events that are sanctioned by the LET and organized by Golf Saudi. Seems that's ok. For me the PGA tour has become boring they need to get some fun back into the game. Like PGA/LPGA team events, Skins game, PGA/LPGA celebrity events.

[@DanielSong39]

In the meantime people pretend that Wall Street is not blood money LOL

[@dougbyrd1970]

Another example of why the PGA Championship needs to go international. Perhaps an annual rota of selected continents. That way, the PGA won't have to remain the weakest link in the group of majors.

[@yangendron1348]

Saudi rules the world baby!!!

[@debbiekalynuk4217]

What about he guys not in the signature events (journeyman golfers)? Will they see any of the billion?

[@DanielSong39]

Nope Several of those journeyman golfers will find jobs in DP and Asia though

[@chrismiller2470]

You are the best how can we Sponsor your channel and pod cast?

[@hammertyme8392]

All money is blood money. Wouldn't be money without it.

[@industrialpalletworx3548]

I've been a fan of the PGA Tour for over 40 years. I didn't care for LIV, but I'm all for more playing opportunities for players. The biggest caveat I feel is the fact that pro golf is top heavy. It is what it is. The part the PGA Tour and LIV need to realize is the modern golf fan isn't really tuning into them. The modern fan is watching more KZbin golf influencers. These are players that either tried pro golf and didn't make it or are just fans of golf and make videos. Either way, the point is there isn't nearly enough investment into the developmental tours. As in the now defunct Hooters Tour, Hogan Tour, among others. They are relying on colleges to provide top notch players. The talking heads constantly talked about the best players aren't playing together enough. Are they really the best players or are they just the most popular? I think the idea of the best players needs to be better defined, because right now most of the guys on LIV are former best players and more like has beens. Being a popular player shouldn't automatically mean you get a free pass. If so KZbin players should soon start filling up fields. Aging veterans in other pro sports don't get a free pass. Eventually father time catches up and the younger players pass you by.

[@DanielSong39]

The people being marketed most heavily on the PGA Tour are past their best too Just like tennis, it's a handful of players who draw the attention and they're not necessarily the best

[@industrialpalletworx3548]

@DanielSong39 yep. It's a popularity contest

[@MUY-BN]

Apparently the only thing holding this deal up is who is eligible to play in The Goofy League "TGL". Tiger won't agree to deal unless his League receives a Elevated Status Tournament. Rumor has it, Jay thinks this is a great idea.

[@briankelly9318]

How does the LIV team events play into this merger ??

[@gr8scotrolls]

Sort of like politics, people should be able to make the choice they feel best fits them. However the PGA has a path and LIV gives money up front, the PGA also supports most of the teaching pro's who have helped the guys get to this point, somehow we always like to forget about the real "workers" of a group and only the elite. Life is a cycle and take chances and deal with what happens, don't cry afterwards.

[@jeremyfxxrpcapetownsa5909]

I think it's going to allow pga and live to compete together so best players in world are not split but playing in a unified tournament

[@jeremyfxxrpcapetownsa5909]

Pga is legacy and Liv is a cash machine

[@jfbechard7576]

Why not a pga members team ? The grinders 😊

[@jakecvma8571]

billion buy in ? Why not ? glad pga finally saw what was coming , thx Matt

[@18toscratch]

lol Love the shot at Brandel he is such a clown

[@markjancze4342]

I just though LIV was bad golf, wasn't viewable. Poor broadcast effort. I also didn't agree with the buying of players in an effort to dilute the PGA Tour into oblivion. Fortunately enough great players stayed, and another generation came along to keep the PGA alive and kicking.

[@davidconners]

PGA need not pretend they are squeaky clean, 50-60 years ago they weren't allowing blacks to play. LIV is just doing what Google did to Apple, they're being forced to grow, advance, innovate the game, this is a great thing.

[@RamxRamx-fw3gm]

😅😅😅😅😅so what you’re saying we still dont know. Ok

[@seanoconnell5353]

Brandel was just sucking up doing what golf Chanel told him to do Sold his soul

[@RamxRamx-fw3gm]

They already got to play in majors. ??????

[@Hunter-zp5hd]

I like both LIV and the PGA. I also watch the DP World, Korn Ferry, and LPGA. I just love watching golf. As far as “blood money” goes, I don’t think there is one sponsor that doesn’t have some sort of business interaction with Saudi businesses. The world is closer and there’s complicated interactions that most people aren’t even aware of. We also have pharmaceutical companies sponsoring events, and commercials every 10 seconds during events. I don’t agree with that at all. I personally don’t think and pharmaceutical should be advertised on TV period. That’s just my opinion. Whatever ends up happening, I just want to watch quality golf. I’m always going to watch all the majors and all the premier events. That’s a given. But sometimes I don’t watch the smaller events. That’s where LIV can shine. It’s like a format change to keep things interesting. Anyway, my opinion probably doesn’t make one bit of difference. I’ll just be watching whatever is on.

[@DanielSong39]

Hahaha no money is bloodier than Wall Street

[@Jrgoldenbear]

I care about the 4 majors and nothing else

[@DuxetRex]

Everyone needs to get over it. If you do t like it, don't watch. Every sport is dirty.

[@CamoJack-v9b]

What about the guys that kicked out of LIV for not making the top 25….. there has been a bunch of them so far?? You don’t hear what happens to them or where they go…assuming they try to get back on the pga tour…..

[@barneystone1715]

So Liv is buying ng PGA stake for 1/3 of what they paid Rahm ...lol ...numbers way off

[@vermeerrecpt9290]

Personally, I do not care for the Music at the LIV golf events, and I also do not like the Teams which is a little ridiculous.

[@jakeruiz7421]

Let’s be honest…Tiger is getting $500 million, Rory is getting $400 million and the rest of the golfers that turned down LIV are gonna fight over the rest of the $100 million.

[@hammertyme8392]

Turn down a Billion dollars? I wish I would.

[@lauriemorgan9083]

SORRY ,but the DP tour and LIV will merge with huge increase in price money for DP players. PGA tour does not travel and will focus on USA only , they don't need LIV or DP players .They have too many players and are cutting back field size and Korn Ferry intake.

[@russellambrosini5344]

The pga is broke and everyone knows that what liv is paying for is the US markets plain and simple what I like is for the liv guys to get their owr back and hopefully the pga tour can make up some teams to compete against liv

[@dbo4506]

Wrong. The PGA doesn’t need Bryson.? Or Rahm.? Hatton, DJ, brooks etc. yeh mate. They need them.

[@Coach8687]

You’re wrong but it’s okay… so are flat earthers

[@bikergolfer]

PXG was seriously against Liv

[@charlesmccormick2625]

How much $$$ for the job allocating money to PGA players? That’s a gig!

[@xslash10x]

Really hoping that Jay gets kicked to the curb once this is finalized

[@jameswconforti4248]

Really?...by whom?

[@Jacob-ed1bl]

I seriously doubt that happens.

[@tactime28]

Matt, Growing the number of golfers worldwide is the name of the game. I live on a golf course. I am seeing an increase in the numbers of golfers. More high school players and more college age golfers. Any thing that increases those numbers is great. I am seeing more loud music in golf carts and I think it's great. For sure the influence of LIV

[@bob5365]

So, after all the nonsense, the PGA Tour basically got hijacked and certain people are pocketing a lot of money. These guys are ALL way overpaid and it just trickles down do all the fans paying a lot more for everything.

[@DanielSong39]

If fans become ex fans and don't pay and follow something else have they really lost anything

[@ryanjones-mk8rs]

I never cared about "Blood Money" or blamed anyone for taking the money. I just find LIV to be an incredibly boring product. If team golf gets shoehorned into the PGA schedule, I'll pass. If you enjoy it, you do you.

[@barneystone1715]

The thrill of the range goats battling stinger gc is unprecedented drama ..lolz

[@kennethmckinney2532]

Bye

[@DanielSong39]

PGA Tour has degraded as a product too

[@ryanjones-mk8rs]

@@kennethmckinney2532 - lol I was never there

[@ryanjones-mk8rs]

@@DanielSong39 - In commentary and production, yes I agree. Quality of play has not though IMO. I thought I would miss players like Rahm, Smith, and Koepka but I was surprised that I don’t (still 100% enjoy seeing them in majors). I will admit that I miss seeing Bryson play on a regular basis.

[@Rich-ey7jv]

Time zones don't matter. I record everything so I dont have to watch players walk around a putt for 4 minutes.😊

[@96per58]

I don’t buy that the PGA tour built these players. They don’t owe the tour anything.

[@Golfiseasy]

I will watch anything but team play. Golf is an individual sport. If you're not good enough to play as an individual, you're not good enough to play at all.

[@96per58]

Rory hasn’t won a major in a decade. It’s time to stop saying he deserves this and that. He’s not that guy anymore.

[@Sueezedtight]

I much prefer the LIV "format" (shotgun start, 3 days, team play) to the PGA "dull as dishwater" (wait until the back nine on Sunday ... maybe) method. More action at all times rather than watching also-rans for the first part of every broadcast. Inter-league "play" would be fun to watch as would top-flight players at the events. A lot of LIV guys would see more play as a loss for them while a lot of PGAT guys would see their easier competitions become harder to win. Very tricky.

[@tessp100d4]

Go LIVE Golf. Phill was right all along

[@andynaz5631]

Matt, your commentary outdoes the Golf Channel. You give us the full scoop. Golf Channel should be called the PGA Channel because they acted like LIV news was nonexistent.

[@Golfzilla5000]

really makes you think about these PGAT guys talking about how "evil" Saudia Arabia is. Utterly ridiculous how those guys, and politicians in general today, throw around such strong language when they don't mean it.

[@DanielSong39]

I'm sure Saudi Arabia is just as evil and corrupt as the PGA Tour guys claim they are As for the USA...

[@nathancampbell1650]

If I'm going to have a team liv in the Ryder cup

[@calross7143]

I've been done with the PGA since LIV started. If LIV pays the PGA, I will be done with golf.

[@craigdavid6668]

Righto mate.

[@stevenjenkins3882]

Tiger just lost 2.4 billion dollars 💸 😮

[@jpvincenti3571]

LIV apparently was only ever a powerfully by PIF, and all that bluster about LIV becoming the preeminent tour just got shot to shit. That's the bottom line.

[@kennethmckinney2532]

Don't hold your breath on that one. We'll see

[@DanielSong39]

PGA Tour without Wall Street backing and Government Propagada is...