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Bulldozers rip into Big Bend National Park, driving anger and heartbreak

Big Bend National Park, Texas (CNN) — The towering cliffs, jagged mountain tops, and punishing desert climate of the Big Bend region in Texas have long proved to be the best barrier the United States could have with Mexico. For generations, the idea of needing to build physical structures to stop illegal migration was considered “insane,” as one former superintendent of Big Bend National Park said.

But now the expansive reach of President Donald Trump’s southern border plan has stretched into this remote region that sees only about 1% of unauthorized crossing apprehensions. Bulldozers are clearing land in the beloved national park, where wildlife roams and the scenery has been untouched for thousands of years.

“We didn’t have to worry about any type of barrier. We had a God-made barrier,” said Sheriff Thaddeus Cleveland of Terrell County, a vast and sparsely populated area northeast of the park. He spent 26 years in the US Border Patrol, hearing little if any talk of needing extra infrastructure in the area where he grew up, he said. “But that’s definitely changed.”

US Customs and Border Protection says it’s not planning to build the same kind of 30-foot-high barrier that has appeared across parts of Arizona, California, New Mexico and Texas inside the national park. But critics say the plan that is in the works is no less destructive.

Earlier this month, bulldozers were videoed uprooting trees and shoveling dirt as wild animals trotted by. They were doing preliminary work ahead of the budgeted $1.72 billion main construction project designated for the area inside Big Bend National Park, the agency said.

It’s part of the bigger plan to finish the border wall — or some form of it — before Trump leaves office, with steel walls and vehicle barriers and hundreds of miles of new roads cutting through wildly remote areas.

Those with concerns or outright opposition to the work in this remote desert wilderness run the gamut from a few elected Republicans to young activists, sweeping in a pro-border control sheriff and a retired National Park Service superintendent.

Photographer Natalie Newman made a commitment to Big Bend back in February when then-Secretary of Homeland Security Kristi Noem waived certain federal laws related to environmental safety, historic preservation and wildlife protection, among other initiatives, saying there was “an acute and immediate need to construct additional physical barriers and roads” in the Big Bend region.

“It started out as just documenting the beauty of it, trying to get people to see why it’s special and what makes it special and what makes it so beautiful and worth protecting. But that has transformed just over the last week,” she told CNN, standing near Santa Elena Canyon, where tall cliffs rise nearly 1,500 feet high from the Rio Grande and where she first saw bulldozers working in the national park.

“More than anything else, I feel heartbreak over all of this,” she said. Newman enjoys the wilder parts of this park that’s larger than the state of Rhode Island, where you may see fewer people than javelinas — a mammal that looks like a small wild pig, though it’s an entirely different species. Cacti and wildflowers bloom across the state and federal land around Big Bend, which coupled with even larger nature preserves across the border are part of the Chihuahuan desert, the largest such ecosystem in North America.

But these days when her binoculars are trained on something in the distance, she’s more likely to be checking on the progress of road clearing than on any of the hundreds of bird species that frequent the park. She said she will keep sharing that news, doing her part to stand up for the national park.

“I’m hopeful every single day that it’ll be the day that someone somewhere does something that puts a stop to it,” she said.

If there is no stopping, retired park superintendent Bob Krumenaker said what could happen in Big Bend would rival the flooding of Hetch Hetchy Valley a century ago, an event that changed arguments about preserving the environment. It’s why he labels the whole plan “insane.”

“If they continue with this and build most of the things they have talked about, or even a good fraction of those, this will be the biggest desecration of the national park system — not just Big Bend National Park — since they built a dam in a pristine valley in Yosemite National Park more than 100 years ago. This is a story that our children and grandchildren will be telling,” he told CNN.

Compounding the natural destruction is the damage being done to people’s trust, Krumenaker added.

“It’s just a tremendous erosion, if not violation, of the agreement that Texans and the American people made when they established that national park. The federal government that I worked for for 41 years is disrespecting its citizens in a in a huge way.”

Krumenaker, now chairman of the Keep Big Bend Wild advocacy group, spent five years as superintendent of Big Bend National Park and is familiar not only with the multiple studies and approvals needed for any material changes, but also with his federal partners in Border Patrol and the need for security.

“I totally support a secure border in Big Bend, but this is the least active place in the country for illegal border crossings,” he said. “This is purely political, and it will, it risks destroying one of the nation’s greatest places. It’s just horrible.”

He recalled as superintendent having an annual budget of between $8 million and $9 million and a maintenance to-do list of about $100 million they would chip away at when they could. Those numbers are dwarfed by the $1.72 billion earmarked for the Big Bend work, part of the larger $46.5 billion allocated for border wall construction in Trump’s signature legislation, the “Big Beautiful Bill.”

Sheriff Cleveland thought the talk of security construction was “BS” when he first heard of it.

His experience in local and national law enforcement tells him a different story than that framed by CBP that Big Bend is “an area of high illegal entry.”

What he calls the “God-given barriers” of steep mountains and valleys around the river and an undeveloped landscape without roads would prevent any vehicle getting to his patch. Yet new vehicle barriers are being planned for Terrell County, part of the total $7 billion scheme for the Big Bend sector of the border that includes the national park and land either side.

“I believe in border security … but let’s put a barrier where a barrier makes sense,” he told CNN. “Let’s spend money where we need to spend the money.”

Cleveland thinks using technology would be better support for him and other rural areas. He points to a solar-powered radar tower with a relatively small footprint that can scan the landscape and identify humans by their gait, triggering cameras to lock on and feed information to agents. Another option would be drones tracking people and helping responders plan a safe interception amid the rugged terrain, he said.

“The biggest problem is the people making the decisions out here for the Big Bend sector have never stepped foot out here.”

Cleveland ran for sheriff as a Republican but says he may switch to independent — what he sees as the profligate federal spending on something unnecessary does not mesh with his own fiscal conservatism.

He signed a letter being carried around the area by former land commissioner Jerry Patterson, praising Trump for closing the border and asking the administration to consider cheaper and less destructive options for the Big Bend region.

A similar approach is being taken by others in Texas.

US Sen. John Cornyn wrote to DHS Secretary Markwayne Mullin last week urging him to meet with local stakeholders before any more construction proceeds on state or federal property. Some of Mullin’s involvement so far has been to waive another federal law, effectively ending a lawsuit claiming that law was being violated. Land Commissioner Dawn Buckingham was more forthright, sending a cease-and-desist letter warning of possible legal action to Customs and Border Protection after she said a federal contractor was sent to work in the Big Bend Ranch State Park without permission. The accompanying news release was titled “Don’t Tread on Texas.”

Gov. Greg Abbott remarked before Trump entered the White House for the first time that he did not want a border wall across the entirety of his state. “There are serpentine regions of the Rio Grande where it would be extremely challenging to build a wall. There are parts like the Big Bend region — we don’t want (to) see a wall in the beautiful Big Bend National Park,” Abbott said in December 2016, as reported by The Associated Press. CNN asked for his current views and was directed to a previous statement from Abbott’s press secretary Andrew Mahaleris: “Rugged, isolated areas like Big Bend are great opportunities to deploy technology to aid in securing the border.”

Critics say most statewide elected Republican officials have been too quiet in their condemnation of the border barrier construction projects because they fear the wrath of Trump’s criticism on his signature issue of border security.

“The one person who is supposed to stand for Texas right now, our governor, is silent,” resident Jess Bartko said. “What they are doing is actively waging a war against our parks, our public lands, our community and our livelihoods.”

On Wednesday, Bartko and about 100 other protesters gathered by the river, whose route gives the area its name and which attracts many of the half-million or so annual visitors to the national park.

Tourism is a big deal here — for running the river and watching the night sky. There are worries that both will be impacted. As far as the upheaval, there could be debris in the river, and construction lights from sites and worker camps could pollute some of the darkest sky in the Lower 48, blurring the star-filled views of the cosmos.

This week some roads and facilities were closed in the national park because of the construction.

Down at the river, beside the entrance to Santa Elena Canyon, one of the “crown jewels” of the park, the demonstrators whooped and hollered, their shouts echoing off the cliff walls as they pledged to keep working to protect Big Bend.

“The land remembers, the water remembers, it will remember us and our fight,” Joan Escamilla told her fellow supporters of the national park. “You can bury my heart in the Rio Grande.”

The-CNN-Wire
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AI boom or bubble? Timing is everything

New York (CNN) — Artificial intelligence is a game-changing technology that’s already transforming how the world lives and works.Yet AI can also fuel a market meltdown, a recession – or both.Timing is everything. Money is pouring into AI so rapidly that it’s outpacing the ability to turn a profit. This unsustainable mismatch must come into balance, one way or another. The recent blow-up of a wildly successful AI-focused hedge fund demonstrates the risks and rewards of the AI boom.Those risks are magnified by how incredibly expensive it is to build the AI revolution, where companies are scrambling to buy cutting-edge chips and build data centers the size of dozens of football fields.“I absolutely believe the technology is transformative. But that doesn’t mean you won’t go through irrational exuberance at some point,” Max Gokhman, head of AI and digital asset solutions at investment firm Franklin Templeton, told CNN.Timing is critical in deciding whether the AI boom endures – or if it ends in tears like past asset bubbles.Will the gobs of money being spent to build out AI bring real returns before Wall Street’s patience runs out?$500 billion financing arrangementFor now, the heavy hitters in finance are still going headfirst into AI.Nvidia, the $5 trillion AI infrastructure superstar, just arranged $500 billion in financing from Apollo, BlackRock, Goldman Sachs and other Wall Street firms to bankroll customer orders for its cutting-edge chips.Nvidia CEO Jensen Huang even argued that AI compute – the hardware and software underpinning AI models – is transforming into an “investable class.”It’s a sign that many on Wall Street still believe in an AI-driven future. Investing in the technology has been complicated by its rapid developments; an emerging price war between open and closed AI models; and many supply chain bottlenecks – from access to chips and local opposition to data centers to the enormous power needs of the buildout.‘Will end badly’Nvidia’s blockbuster deal is a reminder of an innovative, and arguably dangerous, characteristic of the AI boom: circular financing.In circular financing, one company pays money to another (in the form of a loan, investment, lease or other financial support) in exchange for that second company buying the first’s products.It’s one of those things that works – until it doesn’t.During booms, these arrangements can create a virtuous circle. But they can also fuel speculative bubbles by creating the illusion of rapid growth — and those bubbles eventually burst.It brings back bad memories of the dotcom bubble, when some telecom equipment companies lent money to customers to buy their gear.“Circular financing will end badly,” Gokhman said. “You are living on not just borrowed time, but levered time.”But Gokhman said he’s still a believer in the AI boom and doesn’t think leverage has gotten to alarming levels, at least not yet.AI-focused hedge fund goes bustAs in the late 1990s, the AI boom has allowed some investors to make fortunes, even as others experience sudden disaster.Late last month, Situational Awareness, a little-known hedge fund focused on AI investments, imploded after hits highly leveraged bets blew up.Run by a former OpenAI employee, Situational Awareness was forced to sell most of its portfolio at a steep discount to Citadel. The AI hedge fund is still up big over the past two years – just not as much as it had been.Tellingly, Situational Awareness didn’t run into trouble because it was wrong directionally on its belief that AI is for real.The problem was that thesis got derailed by a temporary loss of momentum in AI stocks – and that derailment was magnified by leverage, which magnifies both gains and losses.AI’s math problemTorsten Slok, chief economist at Apollo Global Management, warns that the math in the AI space doesn’t add up yet. The massive profits at the top of the AI food chain are driven by investors, not customers, he said.“Capital can bridge the gap for a while, but not indefinitely,” Slok wrote in a report last week. “And therein lies the risk: Will the ROI show up for AI’s end customers fast enough to sustain the spending that is generating those upstream margins?”After analyzing profit margins in the S&P 500, Slok found no evidence that AI is boosting the profitability of healthcare, consumer staples, energy or real estate.However, Jeetu Patel, president and chief product officer at Cisco, said it’s hard to equate the AI revolution with the dotcom bubble because supply was built ahead of demand in the late 1990s.Patel, whose company is building infrastructure supporting the AI boom, expects AI agents to go mainstream, allowing demand to continue its explosive growth.“The demand is there (today), and supply is massively short on power, data center capacity, compute, memory and network,” Patel told CNN at Ai4, an industry conference in Las Vegas, this month. “We’re in the very, very early infancy.”AI is the dominant force in the economyThe stakes are massive – and not just for little-known hedge funds gambling on AI stocks. The US economy has become more reliant on AI and its enormous spending.The eye-popping gains of Nvidia, Micron, Alphabet and other AI stocks have helped inflate the net worths of millions of Americans by lifting the value of their retirement nest eggs, college savings plans and brokerage accounts.“Without the AI boom, we probably would be in a recession,” economist David Rosenberg said during a recent episode of the “Excess Returns” podcast.And timing is everything in booms and busts. As economist John Maynard Keynes famously said: “The market can remain irrational longer than you can remain insolvent.”Consider what happened to Julian Robertson, the legendary hedge fund investor.In the late ‘90s, Robertson correctly identified the massive dotcom bubble. But his bets against overvalued tech stocks blew up because the Nasdaq kept going higher and higher.Robertson eventually shut down his Tiger Management hedge fund in March 2000 – just as the Nasdaq was beginning what would become a historic crash.“Just because you think things are frothy doesn’t mean it’s time to get out,” Franklin Templeton’s Gokhman said. “The best returns occur when the party is about to end.”The-CNN-Wire™ & © 2026 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved.
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