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Sat, 15 Aug 2026 02:35:00 +0000 All ICE Enforcement Officers In Maine Equipped With Body-Worn Cameras, Sen. Collins Says
All ICE Enforcement Officers In Maine Equipped With Body-Worn Cameras, Sen. Collins Says
All ICE Enforcement Officers In Maine Equipped With Body-Worn Cameras, Sen. Collins Says
Authored by Owen Evans via The Epoch Times ,
Sen. Susan Collins (R-Maine) said Friday that all Immigration and Customs Enforcement (ICE) officers in Maine have been given body-worn cameras and trained how to use them .
Immigration and Customs Enforcement agents walk outside the Ventura County Government Center in Ventura, Calif., on July 27, 2026. Blake Fagan/AFP via Getty Images
Acting ICE Director David Venturella announced on Aug. 8 that federal agents would be equipped with body-worn cameras by the end of the month in a move to increase "transparency and accountability."
The cameras are a key measure that congressional Democrats demanded during a months-long dispute earlier this year over funding for the Department of Homeland Security (DHS).
In an Aug. 13 post on X, Collins said that she was pleased that as of 2 p.m. on Thursday, all ICE officers in Maine "have been equipped with body-worn cameras and trained in their use."
Collins said that when she spoke to Venturella last month, he committed to deliver body-worn cameras to ICE agents across the country by the end of August.
"I urged him to prioritize Maine, and they have arrived more than two weeks ahead of schedule," she added.
Democratic lawmakers have demanded that ICE be reformed following the fatal shooting of two U.S. citizens by federal agents during operations in Minnesota earlier this year. Alex Jeffrey Pretti and Renee Good were both shot and killed by ICE agents in January.
According to a notice published by the DHS on Aug. 10, ICE plans to spend up to $20 million on gloves that can deliver electric shocks for its agents.
The devices, known as CTG-5 G.L.O.V.E, or Generated Low Output Voltage Emitter, are expected to be delivered by March 31, 2027, according to the notice.
The notice refers to the gloves as "conductive distraction and de-escalation" devices, which ICE seeks to buy for Homeland Security Investigations and Enforcement Removal Operations officers and agents.
The device manufacturer, Compliant Technologies, stated on its website that the devices were designed "to supplement existing tools for law enforcement, corrections, security, EMS [Emergency Medical Services] and the military."
The devices must be applied directly to a person's skin and are ineffective when applied through clothing or hair, according to the user manual. No more than two gloves should be used at a time, with each application lasting not more than 15 seconds, it stated.
A DHS spokesperson told The Epoch Times by email at the time that ICE aims to ensure its officers have the tools and equipment they need to safely arrest and remove "criminal illegal aliens" from the country.
"Every decision is made with careful consideration and appropriately reviewed to ensure that any technology ICE utilizes is consistent with all applicable law enforcement policies and standards," the spokesperson said.
In an Aug. 7 statement, ICE said it arrested more than 1,200 illegal immigrants across Georgia under Operation Safe Community-Atlanta, which targeted illegal immigrants with criminal histories, including charges of aggravated assault, sex crimes, assault and battery, and crimes against children.
The Trump administration is also imposing heavy fines on illegal immigrants.
In a July 23 statement, DHS said that more than $84 billion in civil fines have been imposed on such individuals. This includes a $998-per-day charge levied on any illegal immigrant who does not leave the country despite a final order for removal.
"Under President Trump and Secretary [Markwayne] Mullin, DHS is working faster than ever before to remove criminal illegal aliens from our country," assistant secretary Lauren Bis said in a statement at the time.
"Our message to illegal aliens is clear: LEAVE NOW. If you don't, you will face the consequences, including fines, arrest, and deportation. Illegal aliens have a choice," she added.
Tom Ozimek, Troy Myers, Jack Phillips, and Aldgra Fredly contributed to this report.
Tyler Durden
Fri, 08/14/2026 - 22:35 Close
Sat, 15 Aug 2026 02:10:00 +0000 Forget Reminding Young People About 'Boat People': South America's Rejection Of Socialism Is Happening In Real Time
Forget Reminding Young People About 'Boat People': South America's Rejection Of Socialism Is Happening In Real Time
Andy Laperriere, Piper Sandler's head of US policy research in Washington, wrote in a note on Thursday that explaine
Read more.....
Forget Reminding Young People About 'Boat People': South America's Rejection Of Socialism Is Happening In Real Time
Andy Laperriere, Piper Sandler's head of US policy research in Washington, wrote in a note on Thursday that explained both parties are moving left on economic policy as populist measures gain support across the political spectrum. His big-picture view is that "hard-left and socialist candidates" are damaging the Democratic brand primarily through deeply unpopular positions on open borders, defunding the police, and transgender politics. In effect, the party's socialist class is willing to sacrifice broader electoral viability to defend nation-killing policies that most voters reject.
Policies with cross-party support include a $15 federal minimum wage, a temporary 10% cap on credit card interest rates, restrictions on Wall Street's purchases of single-family homes, and expanded government intervention lowering drug prices.
Even Republican voters back several of those proposals by wide margins, suggesting the post-election policy threat to markets will extend beyond Democratic control of Washington.
Here's where the numbers are striking: About 80% of Republicans support banning large institutional investors from buying single-family homes, 79% favor capping credit card rates, and 75% back a $15 minimum wage. Across all voters, 63% support higher taxes on corporations and billionaires, while 59% favor government-provided health coverage.
Laperriere pointed out that President Trump and JD Vance have helped move Republicans away from Milton Friedman-style free-market economics by framing trade, corporate power, and economic transactions in increasingly zero-sum terms.
Laperriere said Democrats face a different kind of problem, noting that the party's socialist and progressive economic proposals are often popular, but its positions on policing, immigration, and gender remain deeply unpopular. Only 29% of voters support abolishing ICE, 24% back transgender athletes competing outside their biological sex, and 11% favor abolishing the police.
Laperriere noted that two-thirds of Democratic voters now hold a favorable view of socialism, partly because younger folks have no lived memory of Soviet bread lines, the Berlin Wall, or the Vietnamese "boat people" who fled communism.
Furthermore, as we've outlined, the failed socialist experiment in South America has resulted in a once-in-a-generation shift to common-sense right-wing leaders, with Trump-backed Abelardo de la Espriella taking power in Colombia just a week ago.
The political shift has extended far beyond Colombia. In recent years, voters across Bolivia, Peru, Honduras, Ecuador, Argentina, Chile, and El Salvador have either rejected socialist governments or moved decisively against far-left parties.
Laperriere argues that younger Democratic voters lack any living memory of the "boat people" and therefore have little historical context for understanding how socialist and communist systems fail. But the warning signs are not confined to the Cold War era; rather, years of left-wing governance in South America that have coincided with currency crises, persistent inflation, capital flight, institutional deterioration, and rising crime that resulted in failed states, such as Venezuela and Cuba, are more than enough to show youngsters that socialism has failed - yet again. Latest figures show that there are nearly 800,000 illegal aliens from Venezuela in the US - and we wonder why ...
More from Laperriere:
We want to make two related points in today's piece. First, voters across the political spectrum are more open to progressive/populist economic ideas than perhaps most investors think – and both parties (if Vance is the GOP nominee) are going to increasingly offer the voters leftof-center economic policies. The hard left and socialist candidates are not swimming upstream when they call for higher taxes on the wealthy, price controls, and more government entitlements. It's their ideas on the police, the border, and gender identity that will hurt them politically. Second, Democratic voters are fed up with their own establishment for two main reasons: a sense their leaders are feckless when it comes to challenging Trump and the fact that a significant and growing share of the Democratic voting base is hostile to Western civilization.
We argued in our recent piece, A Policy Bear Market, that both parties increasingly evince an open hostility or at least a wariness to free markets. As we noted in that report, JD Vance is running against Milton Friedman and market fundamentalism. President Trump has tapped into a growing sense that the system is rigged – and over time has convinced more Republicans this is true. He has a zerosum view of economic transactions in which one side is, in his words, getting screwed. It's true there has always been economic populism on the right, and as we often noted you could call it 'populism' because it's popular. It's popular to say we won't touch your benefits, to make the other guy pay higher taxes, and to scapegoat other people for the price you have to pay for drugs, gasoline, or anything else. But as the table below shows, a lot of ideas we generally associate with the left end of the political spectrum enjoy broad or at least considerable support among Republican voters. The move to the left on economic policy isn't limited to Democratic voters.
And of course there has been a seismic shift to the left among Democratic voters. We noted in a recent piece that two-thirds of Democratic voters have a favorable view of socialism. Part of the reason is it has been a long time since ordinary voters have seen socialism in practice. Ask a group of people who grew up in the 1970s or 1980s what 'boat people' means and most of them will be able to tell you it's people who got on leaky boats (or put their children on them) to flee communism and seek a better life. It's most associated with immigrants from Vietnam but also Cuba and other places. See President Reagan's brief 1982 Christmas radio address for a moving story of US Navy sailors rescuing some Vietnamese in a desperate situation to get a sense of the phenomena.
During the Cold War, socialism didn't have much purchase with voters because images of desperate people fleeing communism, the bread lines in the Soviet Union, and the fact that the guns mounted on the Berlin Wall pointed inward were there for all to see. There were a few exceptions (like Bernie Sanders, who honeymooned in the Soviet Union), but it was obvious to most voters that socialism doesn't work.
But the Berlin Wall fell more than 35 years ago and socialism is rarely practiced anywhere in the world today. Ask a younger group of people what 'boat people' means and you get blank stares. A whole generation of people have grown up having seen nothing of the kind. Instead, a generation of young people has been taught in many schools (especially elite ones) that America (and Western civilization more broadly) is racist and rotten. This view is held disproportionately among young and highly educated white voters.
This is the coalition that is fueling the insurgent campaigns that have taken out most Democratic House incumbents who have lost their primaries this year. They hold not only progressive or even socialist economic views; they are hostile to Western civilization. They view borders and the police as the vestiges of racism. As the table above shows, these views (in contrast to some of their economic views) are wildly unpopular. Francesca Hong, who narrowly lost the Wisconsin Democratic primary for governor this week, posted a few years ago that we should cancel Thanksgiving because it is "celebrating colonialism." We couldn't find a poll result for cancelling Thanksgiving, but imagine defending that in a general election.
Nonetheless, she received more than 38% of the vote this week. That may be roughly the share of the Democratic primary electorate (which is much smaller than the Democratic general electorate, but nonetheless picks the candidates) that is hostile to Western civilization. Along with frustration with their leaders for being ineffective at challenging Trump, Democratic voters have been in a mood to vote out incumbents. The chart on the following page shows that 10 incumbents have been defeated in primaries this year, the most in a non-reapportionment year (in which incumbents end up running against each other or in territory they haven't represented before) going back to the 1950s. Most of the incumbents who have lost were Democrats who lost to younger, more left-wing candidates. The turmoil in the Democratic Party has a lot of similarities to the forces that propelled Trump to the Republican nomination in 2016.
As a quick aside, of course there are other explanations for the shift to the left on economic issues. Corporate profits account for a larger share of GDP. Wealth is increasing faster than incomes, and that disproportionately benefits the wealthier people who hold assets. A decade of zero rates – and the return to more normal rates – has priced many younger people out of the housing market. There was the spike in inflation. There has been a steep decline in manufacturing employment during the past several decades (though not manufacturing output). And so on.
Regardless of the causes, the bottom line for investors is both parties are moving to the left on economic issues. The socialists and the progressive left have taken unpopular positions, but it's their social agenda that is likely to sink them politically. Many of these more left-wing economic policies are popular (including among many Republicans) and may be become law down the road.
Yet the nonprofit ecosystem of billionaire-backed foundations, far-left NGOs, Democratic Socialists of America activists, and progressive corporate media has little incentive to highlight the political shift across the Americas. The political backlash undermines the core narrative that capitalism is inherently destructive and that socialism will succeed if implemented correctly next time.
The Trump administration could exploit that vulnerability by expanding its messaging around Latin America's rightward turn. The objective would be to remind younger voters that socialism has miserably failed, and that its consequences always end in disaster: inflation, currency crises, capital flight, institutional decay, soaring violent crime and rising insecurity.
Related read: South America Just Rejected Socialism. So Why Is North America Buying It?
Tyler Durden
Fri, 08/14/2026 - 22:10 Close
Sat, 15 Aug 2026 01:45:00 +0000 Judge Drops Case Against 6 Nevada Republicans Accused Of Falsifying 2020 Election Result
Judge Drops Case Against 6 Nevada Republicans Accused Of Falsifying 2020 Election Result
Judge Drops Case Against 6 Nevada Republicans Accused Of Falsifying 2020 Election Result
Authored by Chris Summers via The Epoch Times ,
Six Nevada Republicans, who were accused of submitting a certificate falsely declaring President Donald Trump had won the state's 2020 presidential election, will not face a trial after a judge dismissed the case against them on Aug. 13 .
Nevada GOP Chair Michael McDonald walks on stage before speaking ahead of then-Republican presidential candidate and former President Donald Trump at a campaign event in Las Vegas, Nev. on Jan. 27, 2024. John Locher/AP
Nevada Judge Mary Kay Holthus ruled in favor of the defendants, who were Nevada GOP Chair Michael McDonald, Nevada GOP Vice Chairs James DeGraffenreid and Durward Hindle, Clark County GOP Chair Jesse Law, and Douglas County GOP officials Shawn Meehan and Eileen Rice.
Nevada Attorney General Aaron Ford - who, as a Democrat, will challenge Gov. Joe Lombardo, a Republican, in November's election - brought charges of forgery and "offering a false instrument for filing or record" against the six, who all pleaded not guilty.
In December 2023, Trump suggested that the indictment was politically motivated and tied to the Biden administration.
Trump won in Nevada by a large margin in 2016, but lost the election in 2020.
The 2020 election, conducted under the COVID-19 pandemic restrictions, was marred by allegations of electoral fraud.
After the Nov. 3, 2020, election, the six Republican electors gathered outside the Nevada Legislature to sign a certificate giving the state's six electoral college votes to Trump. The ceremony was broadcast online, and the video footage was used by the prosecution as evidence in the case.
It would later emerge that Biden had won Nevada by more than 30,000 votes .
The case brought against the six Nevada defendants centered on their intent in submitting the certificate.
Prosecutors argued that the defendants intended for the certificate to be recognized as Electoral College votes by then-Vice President Mike Pence , who had to determine who had won the election on Jan. 6, 2021.
Defendants Said It Was 'Political Theater'
But the defendants said signing the certificate online was an act of "political theater" designed to publicize their concerns about alleged electoral fraud.
They said they had no intent to deceive a government agency but were preserving their rights to challenge the official election results.
"Testimony presented to the grand jury established that the submitted certificates were not treated as Nevada's official electoral certificates and were not accepted for filing or acted upon by the receiving agencies," she wrote in her ruling.
"Rather, the evidence demonstrated that the documents were recognized for what they were and returned because they could not be accepted.
"The Court further finds the public and political nature of Defendants' conduct significant in evaluating whether the evidence supports an inference of fraudulent intent.
"Defendants repeatedly explained the purpose of their actions during the televised ceremony and in contemporaneous communications."
Holthus said she concluded that the state had "failed to present sufficient evidence establishing the essential elements of the offenses charged."
Three similar cases in Michigan , Arizona , and Georgia have previously been tossed.
Nevada Attorney General to Appeal
Ford's office said it plans to appeal Holthus's ruling.
McDonald's defense attorney Richard Wright, in a statement emailed to The Epoch Times, said Holthus's order was "well reasoned."
"This hasty, premature announcement of an intention to appeal [by Ford] reeks of continuing a politically motivated and legally doomed prosecution," Wright wrote.
He accused Ford of wanting to continue a "harassment" and "waste of expensive prosecutorial resources."
The Nevada decision came on the same day Michigan Attorney General Dana Nessel announced charges against five noncitizens accused of voting in the 2024 general election, and one U.S. citizen accused of registering her noncitizen spouse to vote.
The charges follow a state review of 38 suspected cases of noncitizen voting or related conduct from 2009 to 2025.
Donald Trump supporters protest the Nevada vote outside Clark County Election Department in North Las Vegas, Nev., on Nov. 5, 2020. Ronda Churchill/AFP via Getty Images
Tyler Durden
Fri, 08/14/2026 - 21:45 Close
Sat, 15 Aug 2026 01:20:00 +0000 Trump's DOJ Will Reportedly Support End Of National Firearms Act After 92 Years
Trump's DOJ Will Reportedly Support End Of National Firearms Act After 92 Years
Why do Americans protected by the 2nd Amendment still need to get permission and approval from the ATF to have a rifle with a barrel under 16 inches, o
Read more.....
Trump's DOJ Will Reportedly Support End Of National Firearms Act After 92 Years
Why do Americans protected by the 2nd Amendment still need to get permission and approval from the ATF to have a rifle with a barrel under 16 inches, or a particular brand of stock, or a suppressor that, in most cases, doesn't silence a firearm at all but simply makes shooting it easier on a person's hearing? Why, for 92 years, have citizens had to pay for a tax stamp and send their fingerprints to the government for guns that should be considered a constitutional right?
This is largely due to the National Firearms Act of 1934, passed under the highly overrated Franklin D. Roosevelt Administration. The law became a permanent annoyance to every gun owner in the US and a lucrative revenue stream for federal agencies; at least, until now.
Finally, after nearly a century, the law is being erased. But how?
The legality of the NFA relies heavily on the existence of a $200 tax stamp. The government did not ban covered items outright in order to avoid a clash with 2nd Amendment protections. Instead, they added a tax to various firearms and related accessories, then made the processing of the tax and approval on the purchases an arduous affair. Until the Trump Administration stepped in, NFA approval on any particular item could take up to a year.
This clunky process was deliberately designed to dissuade citizens from purchasing certain firearms and attachments. For people suspicious of government lists, the fingerprinting and applications made them not want to bother. Possession of any of the items covered under the NFA is considered a serious federal crime with a penalty of up to 10 years in prison.
However, when Congress passed Trump's "Big Beautiful Bill" in 2025, this included a provision which lowered the NFA transfer tax to $0. With the tax stamp gone, the legal loophole which made the NFA possible was eliminated. Now, an army of legal challengers have brought their case to federal courts to remove the NFA entirely, and they have succeeded (for the most part).
Expectations within the gun community were reserved (gun rights advocates have long waited for this moment and remain anxious that the DOJ will try to ruin the party with an appeal). But, this does not seem to be the case. Trump's DOJ missed the first 7-day deadline for an appeal. They also have another 60-day deadline, but reports suggest that the DOJ has no intention of interfering with the court's ruling.
VIDEO
Rumors are swirling that Trump was personally involved in the DOJ decision to support the removal of the NFA by refusing to appeal. Reportedly, according to Rep. Andrew Clyde who has been leading the charge on the legal fight, Trump has confirmed that there will be no further DOJ challenges to the NFA decision.
So what does this mean? The federal government will be issuing guidance over the next 60 days on how FFL holders and gun shops can proceed with the transfer of items listed in the NFA. At first, coverage is limited to the plaintiffs involved in the court ruling (and their customers), however, the DOJ has the power to nationalize the court's decision, effectively making the NFA null and void for everyone everywhere (this is now a likely outcome).
This means, suppressors, short-barreled rifles (SBRs), short-barreled shotguns (SBSs) and other items could be purchased without tax stamps, fingerprinting and wait times. A basic background check (Form 4473) will remain in place. It may take another couple of months, but it appears that the NFA is effectively dead thanks to the Trump Administration. Gun owners had to suffer for nearly a century, but the long battle is ending.
Meanwhile, the Hughes Amendment is still a problem, preventing the sale or transfer of machine guns made after 1986. But it's all about winning one fight and moving on to the next, and the end to the NFA is an epic accomplishment; one which most gun owners never thought they would see in their lifetime.
Tyler Durden
Fri, 08/14/2026 - 21:20 Close
Sat, 15 Aug 2026 00:55:00 +0000 House Committees Detail Harvard Ties With Chinese Entities In New Report
House Committees Detail Harvard Ties With Chinese Entities In New Report
House Committees Detail Harvard Ties With Chinese Entities In New Report
Authored by Aldgra Fredly via The Epoch Times ,
A report released by House committees on Aug. 13 alleged that Harvard University prioritized financial ties over American national security and received more than $600 million from China, the most of any U.S. university .
Harvard University in Cambridge, Mass., on March 29, 2026. Learner Liu/The Epoch Times
The report, released by the House Select Committee on China and the House Education and Workforce Committee, alleged that Harvard created a nonprofit called Harvard Global to circumvent federal requirements for disclosing foreign donations to higher education.
According to the report, Harvard Global initially stated on its website that it could serve as a "proposal applicant and awardee" for awards the university was unable to accept for legal or financial reasons. The nonprofit later removed the language after the committees sent Harvard a draft of the report.
"Harvard created an entity in a blatant attempt to get around federal foreign funding disclosure laws. That's unacceptable, especially given Harvard's history of failing to comply with these requirements," Education and Workforce Committee chairman Rep. Tim Walberg (R-MI) said in a statement.
The committees identified 140 publications co-authored by Harvard-affiliated researchers and researchers affiliated with Chinese universities, including a "Seven Sons" university , the report stated.
The "Seven Sons of National Defense" is a group of elite Chinese universities directly subordinate to the Chinese Ministry of Industry and Information Technology, which regulates China's defense sector.
The House committees alleged that Harvard-affiliated researchers have worked with "Chinese universities that, as a matter of policy, conduct extensive weapons research and development and hold top-secret security clearances with the PLA [People's Liberation Army]."
The report cited a 2023 research paper on magnetic materials co-authored by a Harvard-affiliated researcher and a researcher at China's National University of Defense Technology - which the U.S. government has placed on its entity list as a threat to American national security.
"From allowing violence against anti-China protestors to collaborating with entities linked to the PLA, Harvard has made serious mistakes and must act now to prevent more," said Rep. John Moolenaar (R-Mich.), chairman of the Select Committee on China.
Moolenaar called for reforms at Harvard aimed at ending CCP influence on campus and safeguarding U.S. research.
Harvard University did not respond to a request for comment by publication time.
The report came after the Justice Department (DOJ) announced on July 20 that it was investigating whether Harvard violated Title VI by excluding American students from financial aid programs funded by China-based sources .
Universities are required by federal law to report gifts and contracts from foreign sources that exceed $250,000 in a year. Harvard had disclosed nearly $4.5 billion in foreign funding, of which $630 million came from sources based in China - the university's largest source of foreign funding - the department said.
According to the DOJ, Harvard appears to accept funds from China-based sources that require the university to establish financial aid programs "with preference given to students from particular countries."
Bill Pan contributed to this report.
Tyler Durden
Fri, 08/14/2026 - 20:55 Close
Sat, 15 Aug 2026 00:30:00 +0000 Russia Admits Renewed Petrol Shortages After Recently Claiming Situation Was Stabilized
Russia Admits Renewed Petrol Shortages After Recently Claiming Situation Was Stabilized
Russia has shut down one major refinery at Orsk, around 800 miles from the front line , for six months after it came under drone
Read more.....
Russia Admits Renewed Petrol Shortages After Recently Claiming Situation Was Stabilized
Russia has shut down one major refinery at Orsk, around 800 miles from the front line , for six months after it came under drone attack this week. It has also suffered more terminal outages due to continued attacks on a vital Black Sea energy port.
"Crude oil exports from Russia's Sheskharis terminal at the Black Sea port of Novorossiysk were suspended on Friday following a ?drone attack, three sources familiar with the matter said, adding ?to disruptions at one of the country's key export outlets," Reuters reports.
In a rare moment, the Russian government acknowledged that some regions of the country face new petrol shortages. "The situation remains tense in several regions of the country regarding fuel supplies to service stations," the government newly confirmed in a Friday social media post.
Getty Images
Oil companies are "taking the necessary measures to increase deliveries to the most vulnerable regions," the official and somewhat rare statement added.
Krasnodar Oblast regional governor Venyamin Kondratyev separately stated, "The situation regarding petrol supplies at service stations has become complicated."
Oil companies "have again started imposing restrictions on the amount of fuel supplied and reduced service station opening hours," he continue.
"This is causing concern among the region's residents and visitors," the governor added, describing that he's urging external help to rush fuel supplies to the region.
Clear signs of the renewed crisis began emerging this week, including extremely long lines at fuel pumps. According to eyewitness accounts in one regional source :
Gas stations in at least 12 Russian regions are once again reporting hours-long lines for fuel , according to a count by the news outlet 7×7. The regions include Krasnodar Krai, the Voronezh, Kaluga, Rostov, Ryazan, Tambov, Tula, Saratov, Smolensk, Penza, and Ulyanovsk regions, as well as Primorsky Krai.
Purchase limits have also returned. The Sochi city administration announced August 11 that gas stations in the region had imposed limits “due to logistical disruptions in fuel supply,” and it asked local residents and tourists to “refrain from using personal vehicles whenever possible” to ease the strain on gas stations.
In the Orenburg region, Governor Yevgeny Solntsev reported a “difficult situation with fuel.” Starting August 12, gas stations there capped purchases at 30 liters (about 8 gallons) of gasoline and 60 liters (about 16 gallons) of diesel and adopted an “odd-even” system: drivers with license plates ending in an even digit can fill up on even-numbered days, while everyone else fills up on odd-numbered days . Solntsev also promised to bring in police officers “to coordinate the situation at gas stations.”
It was only two weeks ago that Kremlin officials declared that the crisis - which was very evident earlier this summer especially in Crimea - was abating and that supplies were headed back toward being fully operational.
Reports that shortages have even hit remote Arkhangelsk...
Russia’s Deputy Prime Minister Alexander Novak had said at the end of July, "The situation is gradually stabilizing, a number of oil refineries became operational again. The balance is better now, and the situation at fuel filling stations has considerably improved, including when it comes to supplying agricultural producers," Interfax quoted him as saying.
But that assessment now appears to have been premature, also as Ukrainian long-range drone strikes continue pounding vital Russian energy sites.
Tyler Durden
Fri, 08/14/2026 - 20:30 Close
Sat, 15 Aug 2026 00:05:00 +0000 Patriots Won't Let Communists Take America
Patriots Won't Let Communists Take America
Patriots Won't Let Communists Take America
Authored by J.B. Shurk via American Thinker ,
Meet at the Liberty Tree...
This chapter in American history could be titled, “The Bad Guys Keep Winning Because They Suffer No Consequences for Their Treachery.”
Islamo-fascists and communists have taken over the Democrat Party and threaten to take over the U.S. Congress.
Neither Barack Obama nor Hillary Clinton has been brought to justice for conspiring with parts of the Intelligence Community to frame President Trump as a Russian spy. The same Ukrainian and British Intelligence agents who helped orchestrate the first ridiculous impeachment against Trump (ostensibly set in motion because the president asked Volodymyr Zelenskyy why Joe Biden’s son was making tens of thousands of dollars each month as a board member of a Ukrainian energy company) continue trying to instigate an all-out war between the Russian Federation and the United States. The mainstream media and globalist politicians want us all to forget that they used COVID as an excuse to roll out totalitarianism around the planet — justifying widespread censorship, lockdowns, mass surveillance, deadly chemical injections, and the abrogation of God-given rights in the name of “public health.” Our scientific institutions refuse to say clearly that COVID was most likely engineered in a Chinese bio-lab with funding from U.S. taxpayers that Dr. Anthony Fauci had redirected to assist his friends and business associates overseas. Nobody has been prosecuted for any of these crimes , just as nobody was prosecuted when President Barack Obama and Attorney General Eric Holder used the ATF to arm Mexican drug cartels, the IRS to target conservatives, and the USA PATRIOT Act to spy on political enemies (including all of the Republican presidential candidates for the 2016 election).
During the Obama and Biden administrations, Christians were prosecuted for being faithful servants of Christ. Parents were put on domestic terror watchlists for objecting to radical infusions of “transgenderism,” pornography, and race-based discrimination in their children’s public school curricula. The Democrat Party nationalized healthcare, used USAID budgets to subvert foreign elections, and redirected trillions of taxpayer dollars into “climate change” slush funds for domestic and foreign political allies. The Obama-Biden regime defamed police officers as inherently racist and disparaged all white Americans as inherently “privileged.” Decades of solid improvement in race relations in the United States were thrown out the window, as Democrats told their voters that white, heterosexual males deserve to be vilified and attacked . For fifteen years, Antifa goons, BLM rioters, Islamic supremacists, and other violent left-wingers have burned down neighborhoods, destroyed churches, looted businesses, terrorized motorists, and harassed, threatened, and murdered ideological adversaries. Instead of reporting on years of leftist domestic terrorism, corporate news talking heads still pretend that President Trump’s MAGA voters are the biggest threat to the United States.
It is easy to list the long train of abuses that have been committed against us and lose hope for the future. Particularly because nobody has been held accountable for any of the serious crimes listed above, a lot of American patriots have begun to wonder whether our country can even be saved. It can be saved. But doing so will require Americans to get their minds right about the struggles ahead.
I often ask American patriots who express premature defeat whether they would give up so easily if this were 1776, rather than 2026. My point is two-fold: First, we are most definitely living through a critical period of American history when, just as was true during the time of our Founding Fathers, the fate of our country rests in our hands. Second, the odds that we shall succeed in saving America today are at least as high as they were two-hundred-fifty years ago.
Sometimes the people who are most proud of America’s past accomplishments are too quick to throw in the towel when it comes to America’s future. But the origin story of the United States is epic because it was so unlikely. The Boston Massacre was in 1770. The Boston Tea Party occurred three years later. By the time the Second Continental Congress declared Independence from Great Britain in ’76, American colonists were still sharply divided over the merits of war. The Revolutionary War continued until ’83. The Articles of Confederation, ratified in ’81, was superseded by ’89. When the Founders drafted the U.S. Constitution, they effectively tabled the peculiar institution of slavery, knowing that the issue would collapse the Union. During the 1790s, the heavily indebted United States endured severe economic troubles, and many members of Great Britain’s Parliament expected to reacquire their former colonies just as soon as interstate squabbles and economic calamity doomed the young nation. When the British captured and burned much of Washington, D.C., in 1814, they nearly succeeded.
When Sam Adams and the Sons of Liberty began meeting at the Green Dragon Tavern in 1765, do you think they knew it would take fifty more years to secure America’s Independence for posterity? Do you think John Hancock, Paul Revere, or any of the Bostonians who met around the “Liberty Tree” would have cared? Their preserved correspondence to other patriots throughout the colonies reveals two things above all else: (1) They knew that they were the underdogs, and (2) they relished the fight. They leaned into their political and moral principles. They defended their convictions. They embraced righteous indignation. “[W]ith a firm reliance on the protection of divine Providence,” the signers of the Declaration of Independence “mutually pledge[d] to each other our Lives, our Fortunes, and our sacred Honor.”
Those extraordinary men risked absolutely everything to go up against the greatest empire in the world. Few outside of the American colonies believed they would prevail. A healthy contingent of British elites predicted that the colonies-turned-states would fight among themselves and dissolve the Union within a short number of years. Some Americans with Loyalist sympathies continued to expect a return of British rule until the conclusion of the War of 1812 seemed to finally put the matter to bed.
I do not expect today’s American patriots to become Nathan Hale, Patrick Henry, Caesar Rodney, or John Paul Jones. I do not expect Americans to step into the shoes of George Washington, Thomas Jefferson, or Benjamin Franklin. But I do expect Americans to respect their country’s past enough to remain confident, steady, and determined as we fight the battles to come . Because, frankly, the threats we face today pale by comparison to the threats that our ancestors were able to overcome. What one man can do, another can do. What one generation can accomplish, so can the next.
We humans have this psychological “glitch” when it comes to being the “underdog.” When we feel that the challenge before us is almost too great to be met, some of us become even more committed to prevailing. Once we’ve won, however, we begin to take our victories for granted. We start to assume that things were always meant to turn out the way they did. Yet, strangely, the first sign of trouble weakens our resolve. As soon as some other scrappy opponent starts banging down our door, we begin to worry that everything will be lost. We forget that we used to be the ones banging down doors.
What I would like to remind my friends is that we American patriots have an advantage that this militant generation of communists and Islamo-fascists will never have: This is our country, and there are tens of millions of us who will never allow enemies of freedom to conquer it. I don’t care how many “black-pill” pessimists scream, “The end is nigh.” They are wrong.
Our enemies took over the universities. They took over the Deep State. They see total victory within their sights. But they’ve never seen American patriots actually fight.
We are not sheep for the wolves to devour. We are the hunters who scare the wolves away.
Views expressed in this article are opinions of the author and do not necessarily reflect the views of ZeroHedge.
Tyler Durden
Fri, 08/14/2026 - 20:05 Close
Fri, 14 Aug 2026 23:40:00 +0000 ICE Roundup Of Haitian Migrants Begins In Ohio
ICE Roundup Of Haitian Migrants Begins In Ohio
It all started with complaints from residents in Springfield, OH that a surge of Haitian migrants was causing chaos and an odd disappearance of local wildlife and pets. City officials
Read more.....
ICE Roundup Of Haitian Migrants Begins In Ohio
It all started with complaints from residents in Springfield, OH that a surge of Haitian migrants was causing chaos and an odd disappearance of local wildlife and pets. City officials and local companies where shipping the migrants in by the thousands and giving them jobs. NGOs arranged for extensive handouts including housing, food and cash. Initially, all of this was done while avoiding any discussion with the community at large.
The surge started after 2021, but the Biden Administration denied that such a plan existed. Within a few years, Springfield's Haitian population grew from a couple thousand to over 15,000 migrants. That's nearly 25% of the total population of the city. This does not happen without government coordination.
When Donald Trump dared to address the issue in a debate with Kamala Harris, the media and Democrats exploded with outrage. But Trump's assertion that the migrants were "Eating the dogs and eating the cats" in Ohio likely helped to win him the presidency. His position echoed a growing concern among native citizens over the rapid invasion of the third world into the US and the fact that most of these people will never assimilate into American standards.
This problem is about the be rectified, with ICE officially operating in Ohio. The Haitian round-up has begun. With the latest Supreme Court decision, TPS designations can now be terminated by the Trump Administration. Many migrants exploiting TPS are being called in by ICE to turn in their passports and wear an ankle monitor. These are people who will likely be deported in the near term. NGO's are already trying to preempt deportations by mobilizing well funded left-wing activists.
The most common argument against deportations is the claim that Haiti is a "violent and dangerous place" and sending migrants back would be the same as "sending them to hell." The counter-argument is simple: Why would Americans want to import hell into their own backyard?
There are currently over 300,000 Haitian migrants across the country that were, up until 2026, enjoying Temporary Protection Status (TPS), making it legally impossible to deport them. The recent changes could affect all of these people and set the stage for mass deportations for the majority of them. Media propaganda in favor the "poor oppressed migrants" will be rampant as this process unfolds.
Local leaders and employers in Springfield have long interfered with the enforcement of immigration rules and credited the Haitians with the "economic revitalization" of the region. Native residents continue to disagree with this claim.
In reality, the surge of cheap labor allowed manufacturers to avoid hiring locals who cost more. Democrats ran Springfield for decades (until 2024 when they were finally voted out), and ran the city into the ground. They were happy to flood the city with Haitians in the expectation that eventually these people would become full citizens and vote left-wing for the rest of their lives.
VIDEO
Make no mistake, the importation of third world migrants by Democrats is undoubtedly an agenda to transplant a loyal voting block to replace more conservative American citizens. Conservatives and many independents are celebrating deportations as a reversal of a horrific multicultural scheme that benefited progressives at the expense of the wider public.
VIDEO
Around 52% of all Haitian households are on some form of welfare, including SNAP and cash assistance. An army of NGOs operate to provide aid to these groups and help them game the system. The TPS framework has long been abused; many migrants under TPS are only supposed to reside in the US for 18 months but end up staying for a decade or more.
Haitian migrants send an estimated $4 billion to $6 billion each year in remittances to Haiti. These funds make up nearly 20% to 25% of the country’s gross domestic product. Time and time again, we see third world immigrants using the US as a cash cow to support the economy in their country of origin rather than assimilating. They view America as an open market to be raided, not as a new and better home.
This is why the majority of US voters continue to support deportation efforts.
Tyler Durden
Fri, 08/14/2026 - 19:40 Close
Fri, 14 Aug 2026 23:15:00 +0000 Your Grandfather's Military Is Dead
Your Grandfather's Military Is Dead
Your Grandfather's Military Is Dead
Authored by Byron King and Sean Ring via DailyReckoning.com,
You may have already seen some of what I’m about to share in The Daily Reckoning . But given what we’re focused on here and the sheer amount of money now moving into this corner of the defense industry… I think it deserves a second look.
The drone itself is only part of what’s happening here. Building a military around unmanned systems requires an enormous industrial ecosystem underneath it like chips, sensors, batteries, rare-earth magnets, software, machine tools and, most importantly, the factories capable of producing these systems at scale.
That’s the side of this story Byron has been looking at.
So with that, I’ll pass it over to Byron to show you just how much the battlefield is changing and what this massive buildout could mean for investors…
We’re out of time. The future is now.
I’m talking about drones, which are no longer an exotic military sideshow, tucked away in research labs while the so-called “real warriors” plan the next campaign. Like phalanxes of marching soldiers, or guys riding horses into battle, that era is over. Drones are now the latest – and likely decisive – military thing.
The Army, Navy, Marine Corps, Air Force, Space Force, Coast Guard, law enforcement and even firefighters are in the drone business. If it can fly, float, roll, crawl, loiter, listen, jam, scout, strike or blow itself up at the right place and time, it belongs in the new, unmanned order of battle.
Think of drones the way old-timers once thought of radios, radar, GPS, precision navigation or night vision. First, they look like clever add-ons, bolted to the airframe, deck plates, or a rack in the back of a truck. Then they become force multipliers. Over time, they become doctrine. Finally, they become table stakes.
Air Power Gets Less-Manned
Begin with air power. The Air Force has been “droning” for years, whether it used that word or not. Cruise missiles, decoys, loitering munitions, anti-radiation weapons and electronic attack packages have blurred the old line between aircraft, missiles and science fiction sky-robots.
A loitering munition can search, wait, attack or return if there is nothing worth killing. MALD, the Miniature Air-Launched Decoy, spoofs air defenses. HARM, the high-speed anti-radiation missile, hunts radar systems. Together, these tools show where air combat has gone: aircraft, missiles and semi-autonomous or autonomous systems now occupy the same battlespace.
MALD missiles. Credit Raytheon/RTX.
In other words, the drone is no longer a science and engineering experiment. It has become a business model for modern war, and a rebuke to past planning processes, acquisition timelines and chronic risk aversion, all designed for a slower world that is long past.
The Pilot Becomes a Mission Commander
Here’s the next step: collaborative combat aircraft, or CCA. These are unmanned aircraft that function via artificial intelligence (AI), built to fly alongside manned fighters, bombers, surveillance birds and tankers. They carry sensors, scout ahead, jam radars, haul missiles, absorb enemy fire or hit targets where commanders do not want to risk a living, breathing pilot. But the key part of a CCA is not the airframe; it’s the autonomy stack that lets the machine sense, decide, maneuver and cooperate inside a larger combat network.
For years, a small community of defense visionaries argued that war would become faster, cheaper, more distributed and driven by autonomous systems and AI. They were called too commercial, too theoretical, too Silicon Valley-ish. Turns out, though, those guys were right.
Now the Air Force has moved CCA from PowerPoint Dreamland to contracts, flight test and production. The air service is not just buying drones. It’s moving toward a procurement model in which hardware and mission software can be competed and upgraded on separate timelines. A future F-35, F-47 or B-21 will not fight alone. It will fight inside a moving code-cloud of sensors, shooters, jammers and electromagnetic tricks.
Drone is my copilot and wingman. Future notional CCA. Credit US Air Force.
And the central question is not whether a pilot is comfortable with an autonomous wingman. Broadly, that decision has been made and now the issue is how the overall package works in wartime, especially when ideas cycle through in days and weeks (and as we’ll discuss below, this is one of many lessons from Ukraine).
Trust in new technology is not an immediate and warm feeling; it must be earned. So, before anyone trusts an AI-driven CCA, the software, communications and cyber defenses must survive deception, electronic attack, GPS denial, spoofed data, degraded links and every other dirty trick a thinking enemy will throw at them.
The old Pentagon way of buying and building new weapons was to fund new ideas on the margin while protecting legacy programs of record. But that luxury is gone, which is why CCA is not just an aviation story. It’s a validation story, a software-assurance story and a network-resilience story.
Manned or unmanned, every aircraft is now a node in a large kill chain. If the network is hacked, delayed, spoofed or denied, the airplane’s performance becomes almost secondary.
The Navy Builds Mother Ships
Characteristically, the Navy took longer to get there, but it is getting there. In the mid-2010s, Northrop Grumman’s X-47B proved that an unmanned aircraft could launch from and land on an aircraft carrier; no small trick, considering that carrier aviation is one of the most demanding operating environments on earth (as I know from first-hand Navy experience).
Navy X-47B autonomous drone in 2015. Credit U.S. Navy.
The actual, experimentalX-47B aircraft (image above) went into storage; but over time, the idea behind the program morphed into Boeing’s MQ-25 Stingray, an unmanned carrier-based refueling aircraft.
And okay, aerial refueling may sound boring, but it’s not (again, ask me how I know). Because tanking is range, range is reach and reach is combat power. Meanwhile, MQ-25 lays the command-and-control foundation for a future carrier air wing full of unmanned systems.
Follow that drone-style logic into non-carrier shipbuilding. New vessels are being built with dedicated space to store, fuel, prepare, arm, launch and recover unmanned systems — not just aerial drones, but surface and underwater drones too. In other words, a modern warship is no longer your granddad’s gray hull, stuffed full of guns, missiles and sailors. It has become a mother ship for both controlled and autonomous drones.
USS Somerset (LPD-25) can carry aerial, surface, subsurface drones. Credit U.S. Navy.
Whether launched by air, surface ship or submarine, drones can scout or attack. Underwater drones can map, listen, lay sensors, hunt mines, shadow submarines or perform missions too dangerous or dull for real people. That creates opportunities not just for traditional shipyards, but also for suppliers that can build unmanned vessels cheaply, quickly and at scale.
Ukraine Shows the Future
This is where Ukraine enters the story as a brutal laboratory and testing-range for drones. Small FPV (first person view) drones, long-range strike drones, loitering munitions and improvised systems have changed the character of the battlefield.
Drones watch trenches, spot artillery, attack armor, cut logistic lines, strike air bases and force both sides to move, hide, jam the other guy, and adapt fast. In fact, the life cycle of a drone’s usefulness is not years or months. It can be weeks, days, even hours or minutes because the enemy watches, learns, jams, copies and counters.
One critical lesson from Ukraine is that drones are not just warfighting tools. They are product development under fire.
Production Wins Drone Wars
For investors, the market angle is that drones are not just weapons. They are complex, moving AI learning systems. They require software updates, signal processing, anti-jamming tricks, antennas, batteries, motors, optics, tactics, operators and constant verification.
A drone unit is part air arm, part artillery observer, part radio shack, part machine shop, part software lab and part test range. The side that manufactures faster, ships quicker, assembles more efficiently, tests more realistically, updates software faster and repairs better gains the warfighting edge.
The Factory Is the Front
Now we get to the hard part. You don’t win a drone war with a boutique defense-industrial base. You win it with production, and not by the dozens, hundreds or thousands, but by the hundreds of thousands, if not millions.
For this vast scope of buildout you need carbon fiber, fiberglass, aluminum, titanium, specialty steels, small engines, propellers, batteries, rare-earth magnets, chips, cameras, antennas, LIDAR, software, test ranges, machine tools and skilled workers. And you need mines, mills, refineries and factories… especially factories.
This is why the new defense companies are talking like mass production industrialists. For example, Anduril ’s Barracuda family is built around software-defined, mass-producible autonomous air vehicles. The selling point is not just range or payload. It’s fewer tools, fewer parts, faster assembly and a supply chain designed for scale; to “make it rain missiles,” so to speak.
Mass drop of Anduril “Barracuda” drones. Credit Alex Hollings/You Tube.
In a high-end war, the current arsenal of “exquisite” weapons will be consumed faster than Congress can hold hearings about why the armed forces are out of them. Gold-plated systems designed like hand-sewn, bespoke Saville Row suits may be impressive. But that’s not how to win a modern war against a capable foe.
Follow the Supply Chain
All of this does not mean the old defense primes will go away. Far from it. Lockheed Martin , Raytheon/RTX , Northrop Grumman , General Dynamics , Boeing , Huntington Ingalls , L3Harris and others in that arena still have customer relationships, classified program access, integration muscle, product lines, assembly and est facilities, workforce depth, access to capital, and of course entre to Congress.
But the drone boom is opening cracks in the castle wall. Legacy primes have checkbooks and technical benches that can scale. But startups can move faster. The likely winners will combine Silicon Valley speed with Detroit-style production, along with Pentagon-grade technical authority and combat reliability. In other words, the procurement establishment can no longer afford to treat the new crowd as a kiddie-table sideshow.
Watch shipbuilders too. The Navy’s future is not just buying more big gray hulls. The sea service is building out a mixed fleet of crewed ships, unmanned surface vessels, underwater drones, autonomous mine hunters, maritime sensors and launch-and-recover platforms. That points toward demand for steel, engines, electrical systems, autonomy packages, rugged communications, modular payload bays, shipyard capacity and repair yards.
Along these lines, one company that is both legacy but also quite nimble is Huntington Ingalls (HII) . It’s worth a longer writeup all on its own, but not here. The takeaway is that HII builds nuclear submarines, aircraft carriers, and large numbers of surface ships, while is also has an aggressive program of drones called Romulus and Remus; the former being surface drones and the latter for underwater. The company is definitely working to secure long-term Navy business.
(Note: HII is not an official recommendation and we won’t track it here in Strategic Intelligence. But it’s a solid company for long term investors.)
On the other side of the planet, China understands all this about drones and the industrial base. Indeed, China has spent decades building the upstream and downstream muscle behind modern war: ore deposits, mines, mills, refineries, critical minerals, rare-earth magnets, batteries, electronics, components and final assembly. China’s shipyards alone are nothing less than astonishing.
Back here in the U.S., we’re just at the point of broad realization that every drone needs a supply chain before anyone can even think about finding a target. Carbon fiber, chips, magnets, batteries and sensors do not emerge from policy papers. They come from industrial systems that have yet to be built out in America.
All of this also puts rare earths and battery metals on the front page of defense investing. Neodymium, praseodymium, dysprosium and terbium are magnet words. Magnet words are motor words. Motor words are drone words. Add lithium, graphite, nickel, cobalt, copper, aluminum and tungsten, and suddenly the drone story is also a mining story, a refining story, a battery story and an industrial metals story.
And no, we’re not tossing out the old platforms. Submarines are still war-winning weapons. Just as aircraft are critical weapons. Plus missiles, tanks, ships, satellites and radars. But ore in the ground is a weapon too. Refineries are weapons. Machine tools are weapons. Battery plants are weapons. Software libraries are weapons. Assembly lines are weapons.
Here’s the takeaway: in the new age of drone warfare, the factory is not behind the front. The factory is the front .
The Investment Lesson
Here’s the investment lesson: Drones change tactics because they put eyes, ears and explosives everywhere. They change operations because commanders can coordinate fires, movement and logistics with persistent surveillance and rapid feedback. And they change strategy because nations must plan for production depth, electronic resilience, data dominance and supply-chain sovereignty.
Follow the money and you’ll find it flowing toward autonomy, software, sensors, counter-drone systems, batteries, rare earths, machine tools, cyber resilience and the old-fashioned industrial base that still wins wars.
Modern war is industrial war, now fought at software speed. Stockpiles matter, but stockpiles run down. Production keeps armed forces in the fight, and logistics keeps production relevant.
So, while we’ve been discussing drones, don’t confuse the shiny moving thing with the whole story. The real story of a drone is the stack beneath it: motor, magnet, battery, chip, sensor, code, secure network, factory, mine and ore in the ground.
This is where the next great defense trade begins: not with an aircraft on a runway or a ship cutting a wake, but with the magnets, batteries, tools and factories that make drone war possible.
Tyler Durden
Fri, 08/14/2026 - 19:15 Close
Fri, 14 Aug 2026 22:50:00 +0000 Berkshire Adds Google, Delta, Trims BofA, Kroger As Abel Taps Into Record Cash Hoard
Berkshire Adds Google, Delta, Trims BofA, Kroger As Abel Taps Into Record Cash Hoard
While nowhere near as tumultuous as the transformational first quarter in Berkshire's post-Warren Buffett era which saw over a dozen names rotated
Read more.....
Berkshire Adds Google, Delta, Trims BofA, Kroger As Abel Taps Into Record Cash Hoard
While nowhere near as tumultuous as the transformational first quarter in Berkshire's post-Warren Buffett era which saw over a dozen names rotated in and out, in the second quarter there were a few notable changes under Berkshire's new CEO, Greg Abel.
In a quarter in which Abel spent a net $20 billion on other equities, and repurchased about $4.5 billion of its own stock, leaving it with $365.5 billion of cash at midyear, down from a record $397 billion at the end of March, Berkshire added to its holdings in Alphabet and Delta Air Lines as Greg Abel began tapping into the company’s massive cash hoard.
After years of relatively subdued deal activity under Buffett, who often bemoaned lofty market valuations, Abel oversaw back-to-back multibillion-dollar transactions in the period.
He spent $6.8 billion to buy homebuilder Taylor Morrison Home, a typical value bet, while also handing $10 billion to Alphabet to support its investments related to artificial intelligence as part of the company's unprecedented ATM offering; the deal represented a new area for the conglomerate which had historically stayed away from most tech names. Here are the other transactions disclosed changes in the Berkshire 13F:
New positions:
D R Horton (DHI), a tiny new stake worth $580K as of June 30
Raises:
Alphabet (GOOGL) 48.1MM shares added, or $21.1BN, to $37.8BN as of June 30, making it Berkshire's 3rd largest holding,
Delta Air Lines (DAL), 17.5MM shares added, or $2.7BN, to $5.4BN
Lennar (LEN), 3.1MM shares added, to $315.9MM, to $1.2BN
New York Times (NYT), 553K shares added, or $$169.5MM, to $1.1BN
Macy's (M), 4.3MM shares added, or $118MMM, to $173.0MM
Cuts :
Bank of America (BAC), 30.2MM shares sold bringing total down to 483.4MM shares worth $27.5BN as of June 30
DaVita (DVA), 1.2MM shares sold bringing total to 28.9MM shares worth $6.4BN
Kroger (KR), 11MM shares sold bringing total to 39MM shares worth $2.2BN
Ally Financial (ALLY), 2MM shares sold bringing total to 27MM shares worth $1.2BN
Capital One (COF), 4.2MM shares sold bringing total to 3MM shares worth $602MM
Nucor (NUE), 2MM shares sold bringing total to 1.9MM shares worth $413MM
Exits :
Entire position in Constellation Brands (STZ) for $95MM as of March 31.
Full breakdown :
Source: Edgar
Tyler Durden
Fri, 08/14/2026 - 18:50 Close