Saturday, April 20, 2013

1981 Article: 7,000 Tons of Gold Bullion Removed from Fort Knox From 1973-74!

1981 Article: 7,000 Tons of Gold Bullion Removed from Fort Knox From 1973-74!
 (silverdoctors)

SD has discovered the manuscript of a 1981 article by The Globe which reported that 7,000 tons of gold bullion were removed from Fort Knox from $1973-74, and the only bullion that remained was from melted down gold coins & was of such poor quality (at least 10% copper) that it would not be accepted on the open market by any nation.

“300 truckloads of bullion were simply driven away.”



The American Gold Commission in Washington will this week begin an examination of Treasury documents to decide whether 7000 tons of gold, enough to fill 300 lorries, has been stolen from Fort Knox, the world’s biggest and most protected bullion store.

Economic Armageddon Is Imminent: George Soros Knows Something Dreadful Is Coming And Goldman Sachs Opened The Gates to Hell

Economic Armageddon Is Imminent

George Soros knows something dreadful is coming. The Rockefellers know something big and bad is about to happen. That something big is the imminent collapse of all fiat paper money currencies around the world. In their secret Bilderberg meetings, the globalists have positively planned the exact date of our financial demise. You can even bet the next “black whatever day” will coincide with an ironic date which will make the globalists chuckle at the planned inception of next false flag event.
..
Goldman Sachs Just Opened the Gates to Hell
Silver prices have dropped dramatically this past Monday. Panic selling dominated the market as investors and financial institutions could not dump their holdings of silver and gold fast enough. The market clearly shows signs of mass manipulation by the globalists. The best proof that the globalists are manipulating the price of gold comes from “Goldman Sachs (who) reportedly told their clients earlier this month that they recommend initiating a short COMEX gold position.”

Please remember that this is the same Goldman Sachs that shorted its stocks on 9/11. This is the same Goldman Sachs that placed put options on Transocean stock the morning of the Gulf oil explosion. This is the same Goldman Sachs that got caught shorting the housing market in advance of the housing bubble burst. Basically, when Goldman Sachs starts shorting anything, we should all become apprehensive; particularly if our individual investments are anywhere in the neighborhood of the commodities being impacted by shorting. When Goldman Sachs begins to short anything, it is time to take your money and run for the hills. That time would be now.
Why Would Goldman Sachs Dramatically Drive Down the Price of Gold?
Beside trading and bartering, if the dollar and the euro were to collapse tomorrow, what currency of exchange would the left standing? The obvious and simple answer would be primarily, gold, and secondarily, silver. Ask yourself this question, if you knew that paper monies all around the world were to collapse, what action would represent your best option? The obvious answer would be to dramatically drive down the price of gold and silver if one had the ability to do so, and then buy as much as gold as one possibly could. Goldman Sachs has the ability to do so by utilizing their ominous shorting strategy.

Boston Massacre: Up to 12 Dead, 60 Wounded

White House — Banker Connection Pre Gold Collapse

I am not a conspiracy theorist, but it is suspicious that on the Thursday before the Friday gold collapse there was an 11:00 AM meeting of all the major bankers at the White House. Coincidence? Perhaps, or perhaps not.

Full List of Bankers at White House Meeting Thursday

April 11, 2013, 10:57 AM
Here is the list of bank executives who will be attending, according to a White House official:
•             Lloyd Blankfein, Chairman and CEO Goldman Sachs GS -1.42%
•             Jacques Brand, CEO Deutsche Bank DBK.XE -1.80% Americas
•             Michael Corbat, Chief Executive Officer Citigroup C -1.42%
•             Jamie Dimon, Chairman, CEO and President J.P. Morgan Chase JPM -0.32%
•             Sergio Ermotti, CEO UBS UBSN.VX -1.79%
•             James Gorman, Chairman and CEO Morgan Stanley MS -5.40%
•             Gerald Hassell, Chairman and CEO Bank of New York Mellon Corpo BK -1.80%ration
•             Jay Hooley, Chairman, President and CEO State Street Corpo STT -1.36%ration
•             Abby Johnson, President, Fidelity Financial Services, Fidelity Investments
•             Steve Kandarian, Chairman of the Board, President and CEO Metlife MET -2.26%
•             Brian Moynihan, President and CEO Bank of America BAC -2.22% Merrill Lynch
•             John Strangfeld, CEO, Prudential
•             John Stumpf, Chairman, President and CEO Wells Fargo WFC -0.79%
•             Jim Weddle, Managing Partner, Edward Jones
•             Bob Benmosche, President and CEO American International Group AIG -0.57%
   Zerohgedge: What Exactly Did Obama Say To Wall Street’s CEOs Last Thursday?
Correlation is not causation; but coincidence means you’re on the right path. Looking at the charts of Stocks, Commodities, and Precious Metals, we wonder just what it was that President Obama said at his 11am ET White House meeting last Thursday
Equity markets soared out of the gate on the 11th. Jobless claims beat expectations handily (shaking off the previous week’s concerns) and all was well in the world… until just after 11am ET (when the CEOs of Wall Street’s big banks – for no apparent reason – met with President Obama)… and this happened…


Gold also peaked at just after 11am ET…


Goldman Closes Gold Position, Says Time to Short

10 Apr 2013
Goldman Sachs downgraded its 2013 price target for gold and advised investors to short the precious metal, in a commodities report out on Wednesday.
“Despite resurgence in euro area risk aversion and disappointing U.S. economic data, gold prices are unchanged over the past month, highlighting how conviction in holding gold is quickly waning,” said Goldman Sachs analysts Damien Courvalin and Jeffrey Currie in the note.

Goldman Confirms Slowdown Accelerating

04/18/2013
Two weeks ago we showed the notable cyclical collapse in Goldman Sachs’ business cycle ‘Swirlogram’, due to a combination of downward revisions in over-adjusted data and actual economic decline. The latest ‘swirlogram’ shows that the situation has gone from bad to worse. While hope remains due to strength in AUD and CAD (commodity) currencies, Consumer confidence, global PMIs, and Industrial metals have all worsened significantly pushing the Global Leading Indicator momentum down notably. The next key indicators Goldman are watching are Belgian and Dutch manufacturing, Japanese Industrial Production Inventory/Sales, and Korean exports and they remain cautious of the increasing fiscal drag in the US.

How quickly we flopped from expansion to slowdown…



Farage – New Government Confiscation & Gold Turbulence

There is now a new German proposal on the table which says they will even confiscate a percentage of the value of your house.  We have not seen this sort of thing going on in Western Europe since the 1930s and 1940s when the Nazi regime did this to people they hated.  

And isn’t it ironic that in the middle of all of this we have the Russian Prime Minister, Dmitry Medvedev, actually saying to the EU, ‘You are now behaving like the Soviet used to.’”

IMF warns on risk of new credit bubbles

Extraordinarily loose monetary policy risks sparking credit bubbles which threaten to tip the world back into financial crisis, the International Monetary Fund warned yesterday.

Japan posts record annual trade deficit of $83.4 billion

Japan used to be an export economy. It is no longer. For the 8th month in a row, exports have been exceeded by imports. If continued, Japan will collapse.

11 Economic Crashes That Are Happening Right Now

The stock market is not crashing yet, but there are lots of other market crashes happening in the financial world right now.  Just like we saw back in 2008, it is taking stocks a little bit of extra time to catch up with economic reality.  But almost everywhere else you look, there are signs that a financial avalanche has begun.  Bitcoins are crashing, gold and silver are plunging, the price of oil and the overall demand for energy continue to decline, markets all over Europe are collapsing and consumer confidence in the United States just had the biggest miss relative to expectations that has ever been recorded.  In many ways, all of this is extremely reminiscent of 2008.  Other than the Bitcoin collapse, almost everything else that is happening now also happened back then.   So does that mean that a horrible stock market crash is coming as well?  Without a doubt, one is coming at some point.  The only question is whether it will be sooner or later.  Meanwhile, there are a whole lot of other economic crashes that deserve out attention at the moment.
The following are 11 economic crashes that are happening RIGHT NOW…


Jim Chanos Uses Gruesome Cartoon To Illustrate How China Is Generating Growth
China banker jumps to death in Beijing
Treasury’s Miller: No banks will be bailed out
A Scary Head-And-Shoulders Pattern Is Developing As The S&P 500 Broke Through Two key Price Levels To The Downside And Earning Reports Coming In WEAK!
McDonalds Hikes Japanese Burger Prices By 20%
Italy protest leader vows to export revolution to Europe
Several more Dow components report earnings Friday, providing a glimpse of how industrial and consumer companies fared in the squishy global economy last quarter.

There is a Run on Physical Gold and Silver, that’s why the Feds are Attacking It! This is the first time in human history in which all the world’s major currencies are collapsing together!!!

The reports of massive drainage of Gold and Silver inventories are pouring in from around the world. Now do you understand why the Feds are attacking it so desperately? They need to stop the run before it forces the Comex and others into default! They are totally desperate now!
Comex Gold:
Over the last 90 days without any announcement, stocks of gold held at Comex warehouses plunged by the largest figure ever on record during a single quarter since eligible record keeping began in 2001 (roughly the beginning of the bull market). See chart below…
http://bullmarketthinking.com/comex-gold-inventories-collapse-by-largest-amount-on-record/
Former US Treasury high official: “This sell off orquestrated by the FED”
http://www.paulcraigroberts.org/2013/04/04/the-assault-on-gold-paul-craig-roberts/
Comex Silver:
COMEX registered silver inventories have fallen off the proverbial cliff this week, as registered supplies have dropped a massive 10% in the last 48 hours!
Nearly 4 million ounces of physical metal has vaporized from COMEX vaults as the rush to physical intensifies in the wake of the Cyprus bail-in wealth confiscation as news has spread that nations the Western world over are preparing to shove the next banking crisis down the throats of depositors.
http://silverdoctors.com/comex-silver-inventories-fall-off-cliff-as-registered-silver-declines-by-10-in-48-hours/#more-24869
GLD:
GLD Holdings Plunge…
Gold has faced stiff headwinds lately as investors abandon alternative investments to chase record-high stock markets. Probably the most significant has been the major selling hammering the flagship GLD gold ETF. It has suffered such intense differential selling pressure that its custodians have been forced to dump enormous quantities of physical gold. What are the implications of this flood of new supply?
The amount of gold bullion GLD has hemorrhaged recently is amazing. To put it into perspective, earlier this week the rumor that embattled Cyprus may be forced to sell its official gold reserves made news. The Cypriot government owns 13.9 metric tons of gold. But on a single trading day alone in February’s gold capitulation, GLD had to sell 20.8 tonnes! The supply recently added by GLD dwarfs everything else.

http://news.goldseek.com/Zealllc/1365782977.php
Brinks, CNT, Delaware, HSBC, & Scotia:
Epic drainage of physical silver inventories continued Tuesday, as 17.3% of CNT’s physical silver inventories vaporized for the 2nd consecutive day, cutting CNT’s physical silver inventories by 1/3 in only 48 hours!
Brinks’, CNT, Delaware, HSBC, & Scotia (every vault except JPM) all saw significant physical withdrawals, as a massive 2.7 million ounces of physical metal fled COMEX depositories.
http://silverdoctors.com/30-of-cnt-silver-inventories-withdrawn-from-comex-vaults-in-2-days/
What makes this moment in history unique is that all past monetary regime collapses have happened regionally. This is the first time in human history in which all the world’s major currencies are collapsing together. Which is why he is so passionate about owning gold and silver.
In his opinion, we will soon witness the greatest transfer of wealth ever seen, as countries worldwide realize they need to revert to monetary systems backed by sound money (i.e., the precious metals). Those acquiring gold and silver beforehand will not only preserve their wealth as existing fiat currencies are extinguished, but will see staggering increases in their purchasing power.
http://www.zerohedge.com/news/2013-04-14/mike-maloney-todays-low-gold-silver-prices-are-not-realistic
The Stunning Roadmap to $500 Silver & $8,000 Gold
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/4/11_The_Stunning_Roadmap_to_$500_Silver_&_$8,000_Gold.html
Lots of anti gold propaganda ( Soros, Roubini, and much more)
http://www.gotgoldreport.com/2013/04/arrogant-gold-bears-press-in-the-market-and-in-print.html

Sky Pilot

“Contractors” at Boston Marathon Stood Near Bomb, Left Before Detonation

(Photos) Seen across street after blasts talking with FBI bomb squad. Who were they? What were they and the FBI doing? 

le-bilan-de-l-attentat-de-boston
 What appear to be private contractors, wearing unmarked, matching uniforms and operating an unmarked SUV affixed with communication equipment near the finish line of the Boston Marathon shortly after the bomb blasts – can be seen beforehand, standing and waiting just meters away from where the first bomb was detonated.
The contractor-types had moved away from the bomb’s location before it detonated, and could be seen just across the street using communication equipment and waiting for similar dressed and equipped individuals to show up after the blasts.
Image: An already widely distributed photo showing the contractor-types on the bottom left, just left of where the bomb was placed and detonated. The men are wearing matching, unmarked uniforms, large black bags, and appear to be waiting, separately, and “behind” the rest of the crowd. In the upper left corner, a wooden structure forming one half of a temporary photography “bridge” over the finish line can be seen and serves as a useful reference when establishing the contractor-types’ position in other photos.
….


Image: After the explosion, two of the contractors seen by the wall next to the bomb, appear across the street, both using communication equipment. This photo too has been distributed and enlarged many times across the Internet. (click to enlarge)
….

Image: An unmarked SUV with a considerable amount of communication gear on the roof appears, surrounded by identically dressed men. The vehicle parks near the bleachers. (click to enlarge)
….

Image: Event staff and contractors both above and below the bleachers begin tearing up the skirting and appear to be looking for something or retrieving something while casualties are still being treated and evacuated across the street. (click to enlarge)
….
The men, numbering between 6-8 then begin tearing up the skirting around temporary bleachers erected for the event, opposite the explosion, before taping it off. Then, what appears to be an FBI bomb squad truck pulls up directly behind the contractor-types’ SUV, with a woman clearly wearing the letters F.B.I. on her tactical vest emerging and speaking with the contractor-types. Together they disappear from the scene, leaving their vehicles behind.
Image: What appears to be an FBI bomb squad truck pulls in, with a woman wearing what is clearly the letters F.B.I. on her vest. She talks with two contractors while it appears a third is partially in the truck’s right-hand side. Also note that the area contractors and event staff tore up, is now taped off. (click to enlarge)
….
Image: The FBI truck and contractor SUV sit seemingly abandoned – neither the FBI agent, nor the contractors can be seen. What they did, or where they went remains so far, unknown. (click to enlarge)
….
It should be noted, that with the exception of the contractor-types, all other responders at the scene, including the FBI agent, can be clearly identified, from police to the fire department, to medics and even individuals wearing vests with “B.A.A. Physician” written on them. It should also be noted that no other uniformed individuals can be seen standing near the bomb site aside from the contractor-types.
These men were unidentified, professional contractors apparently augmenting public servants at the Boston Marathon, present before and after the bomb blasts in the direct vicinity of the incident. After the blasts, whether it was their intended function or not, they appeared to be searching for something under the bleachers before being joined by what appears to be the FBI bomb squad. The FBI and the city of Boston has so far categorically failed to provide any information on these highly suspicious individuals.
Questions That Must be Answered 
Several questions must be answered by the FBI, leading the investigation on behalf of we, the American people. The first question is who these men were, with large, black bags in the direct vicinity of where a bomb would detonate, moving away before the blast, and appearing directly across the road afterward. Who hired them and what was their function? Why were they moving amongst the crowd in a semi-covert fashion when all other public servants present were wearing proper uniforms and clearly identified? Did police, firefighters, event organizers, and medics know these men were present and what they were doing?
Why did it appear that the FBI was fully aware of their presence, and in fact working with them, specifically with what looks like a bomb squad unit? Were these contractors specialists in explosives, and if so, what is the significance that at least two of them were spotted just meters from where the blast occurred?

Why These Questions Demand Answers
The checkered, frightening history (see: FBI’s History of Handing “Terror Suspects” Live Explosives) of the FBI’s involvement in fomenting false terror attacks, and even presiding over attacks that succeeded in maiming and killing innocent people, should call into question their presence or involvement at any public event, especially when seen associating with unidentified, semi-clandestine organizations that appear to be private contractors.
Private contractors as well, do not answer or work for the public, but rather the highest bidder. Private contractors, most notably Blackwater and its various incarnations have operated both domestically and abroad, committing obscene crimes and atrocities with seemingly absolute impunity. The term “defense contractor” is in fact a euphemism for mercenary, and has no place in a civilized, democratic world, no matter what their alleged mission statement may claim.
That both of these nefarious entities were present and cooperating in the direct vicinity of the Boston bombings, with at least two contractors standing just meters away from where the bomb actually went off, raises a number of possibilities and concerns. A drill may have been being conducted, though the FBI and city officials have denied this. Or, a threat may have been communicated to event organizers ahead of time, which prompted the inclusion of “auxiliary” security, though again, both the FBI and the city of Boston deny receiving any information prior to the bombings. Whichever contracting firm this may have been, may just have wanted to swindle Boston’s taxpayers for an easy payday, and coincidentally found itself in the middle of extraordinary circumstances.
However, alarming suspicion is raised when the FBI makes no mention of an organization it was clearly coordinating with, particularly in terms of bombs and explosives before and after the incident, considering the nature of the attack. When an already dubious organization attempts to obfuscate the facts of any given event, it is the right and responsibility of legitimate law enforcement, public representatives and the citizenry itself to demand and get answers. If we are not persistent, with the FBI’s bizarre behavior over the past few days, including inexplicably cancelled and suspiciously rushed press conferences, and now what appears to be a Hollywood ending for the case, we may never get those answers.
….
Note: Most images were taken from Flickr user HahaTango, the entire collection of 150 images from the Boston Marathon can be found here

 

Why a Dollar & Euro Collapse Is Guaranteed


Nevada buses hundreds of mentally ill patients to cities around country

Over the past five years, Nevada's primary state psychiatric hospital has put hundreds of mentally ill patients on Greyhound buses and sent them to cities and towns across America.
Since July 2008, Rawson-Neal Psychiatric Hospital in Las Vegas has transported more than 1,500 patients to other cities via Greyhound bus, sending at least one person to every state in the continental United States, according to a Bee review of bus receipts kept by Nevada's mental health division.
About a third of those patients were dispatched to California, including more than 200 to Los Angeles County, about 70 to San Diego County and 19 to the city of Sacramento.
In recent years, as Nevada has slashed funding for mental health services, the number of mentally ill patients being bused out of southern Nevada has steadily risen, growing 66 percent from 2009 to 2012. During that same period, the hospital has dispersed those patients to an ever-increasing number of states.
By last year, Rawson-Neal bused out patients at a pace of well over one per day, shipping nearly 400 patients to a total of 176 cities and 45 states across the nation.
Nevada's approach to dispatching mentally ill patients has come under scrutiny since one of its clients turned up suicidal and confused at a Sacramento homeless services complex. James Flavy Coy Brown, who is 48 and suffers from a variety of mood disorders including schizophrenia, was discharged in February from Rawson-Neal to a Greyhound bus for Sacramento, a place he had never visited and where he knew no one.
The hospital sent him on the 15-hour bus ride without making arrangements for his treatment or housing in California; he arrived in Sacramento out of medication and without identification or access to his Social Security payments. He wound up in the UC Davis Medical Center's emergency room, where he lingered for three days until social workers were able to find him temporary housing.
Nevada mental health officials have acknowledged making mistakes in Brown's case, but have made no apologies for their policy of busing patients out of state. Las Vegas is an international destination and patients who become ill while in the city have a right to return home if they desire, the state's health officer, Dr. Tracey Green, told Nevada lawmakers during a hearing last month.
She and others insist that the vast majority of patients they are discharging to the Main Street bus station are mentally stable and have family members, treatment programs or both waiting for them at the end of their rides.
That was not true in Brown's case. His papers from Southern Nevada Adult Mental Health Services read: "Discharge to Greyhound bus station by taxi with 3 day supply of medication" and provided a vague suggestion for further treatment: "Follow up with medical doctor in California." Brown said staff at Rawson-Neal advised him to call 911 when he arrived in Sacramento.
Nevada Health and Human Services Director Michael Willden told lawmakers last month that while health officials "blew it" in their handling of Brown, an internal investigation found no pattern of misconduct.
But an investigation by the Nevada State Health Division documented several other instances from a small sampling of cases in February in which the state hospital violated written rules for safely discharging mentally ill patients.
Other apparent violations surfaced during The Bee's investigation.
At least two patients from the Nevada system arrived in San Francisco during the past year "without a plan, without a relative," said Jo Robinson, director of that city's Behavioral Health Services department.
"We're fine with taking people if they call and we make arrangements and make sure that everything is OK for the individual," Robinson said. "But a bus ticket with no contact, no clinic receptor, anything, it's really not appropriate."
Robinson said she viewed the practice as "patient dumping," and has reported it to federal authorities. "It's offensive to me that they would show this lack of care for a client," she said.

Practice called risky

Nevada mental health officials did not respond to repeated requests for phone interviews for this story, nor would they address a list of emailed questions about the origins of the busing policy and the safety protocols in place.Southern Nevada Adult Mental Health Services, the agency that oversees Rawson-Neal, maintains detailed written policies for transporting patients "to their home communities," with the stated goal of providing more appropriate care by the most economical means possible.
The policy includes a special section on "Travel Nourishment Protocol," specifying the number of bottles of Ensure nutritional supplement the patient should receive for the bus trip – essentially six per day.
Staff members are supposed to fill out a "Client Transportation Request" form, which includes questions about whether the patient is willing to go, whether housing or shelter has been verified, and the cost of the trip.
The written policy calls for staff to confirm that a patient has housing or shelter available "and a support system to meet client at destination." They are to provide information about "mental health services available in the home community."
Interviews with health officials in California and numerous other states indicate Nevada's practices are unusual. None of the 10 state mental health agencies contacted by The Bee said that placing a psychiatric patient on a bus without support would be permissible. And none recalled being contacted by Rawson-Neal to make arrangements for a patient coming from Nevada.
In California, where most public mental health treatment is overseen at the county level, agencies contacted by The Bee said they rarely bus patients and that Nevada's practices seem out of step with the standard of care.
Several described the practice as risky, even if patients have someone waiting for them at the end of their journeys.
"Putting someone whose mental illness makes them unable to care for themselves alone on a bus for a long period of time could be absolutely disastrous," said Dorian Kittrell, executive director of the Sacramento County Mental Health Treatment Center.
Patients could suffer relapses during their trips and potentially harm themselves or other people, said Kittrell and others. They could become lost to the streets or commit crimes that land them in jail.
"The risk is just too great," said Dr. Marye Thomas, chief of behavioral health for Alameda County.
Southern Nevada Adult Mental Health Services has had an ongoing contract with Greyhound since July 2009, said bus company spokesman Timothy Stokes.
Stokes said he was unaware of any serious incidents involving mentally ill patients from Nevada. He said Greyhound has contracts with "a number" of hospitals around the country, but declined to identify them.
"We take it on good faith that the organization is going to make certain that patients are not a risk to themselves or others," he said.
Still, officials in several of California's largest counties said they rarely, if ever, bus patients out of state.
"We don't do it, we never will do it, and we haven't done it in recent memory, meaning at least 20 years," said David Wert, public information officer for San Bernardino County. Rawson-Neal has bused more than 40 patients to that county since July 2008.
Los Angeles County officials said they have not bused a single patient out of state during the past year, and when they have done so in the past they have supplied chaperones. In the past five years, L.A. County has received 213 people from the Nevada hospital, according to The Bee's review, more than any place in the country.
Likewise, in Riverside County, sending patients out of state "happens very infrequently upon request of the family," said Jerry Wengerd, head of the county's Department of Mental Health. "A staff member accompanies the client and it is usually by air." Nevada bused 20 patients to Riverside in the period reviewed.
Sacramento County bought bus tickets for five patients during the past year, Kittrell said. In all cases, he said, facility staff confirmed before patients departed that a family member or friend would meet them at their destinations, and provided referrals for treatment.
Organizations that advocate for mentally ill people said Nevada's busing numbers seem unjustifiably high.
DJ Jaffe, executive director of Mental Illness Policy Org., a nonprofit think tank, said his group often hears anecdotally about patients being "dumped" from one county to another.
"Discharging severely mentally ill patients inappropriately is policy in this country," Jaffe said. "But getting rid of them altogether by busing them out of state is, I think, rare. I am shocked by these figures. It seems to be almost routine in Nevada."
After California, Arizona has received the most patients by bus from Nevada, at more than 100 over the five years.
But Cory Nelson, acting deputy director for the Arizona Department of Health, cautioned against drawing conclusions about Nevada's practices based solely on number of bus tickets issued. In many cases, Nelson said, relatives could have agreed to house patients or made treatment arrangements before the clients left Las Vegas.
In rare cases, Nelson said, a hospital can find itself in a Catch-22 situation when a patient no longer needs to be in a hospital but refuses to cooperate with a discharge plan. "It kind of leaves a hospital in a tough situation," he said.
Still, the sheer number of patients bused from the Nevada hospital "does seem pretty high," he said.

'A tsunami situation'

Several people interviewed said the numbers might be explained in part by the unusual nature of Las Vegas."As the whole country no doubt knows, Vegas is a pretty unique place," said Dr. Lorin Scher, an emergency room psychiatrist with UC Davis Health System.
The city's entertainment and casino culture draws people from all over the world, Scher noted, including the mentally ill.
"Many bipolar patients impulsively fly across the country to Vegas during their manic phases and go on gambling binges," he said. "Vegas probably attracts more wandering schizophrenic people" who are attracted to the warm weather, lights and action, he added.
"I am by no means defending their practices," he said. "It certainly gives cause for concern. But it's one possible explanation."
Stuart Ghertner, former director of Southern Nevada Adult Mental Health Services, cited other possible reasons.
He said Rawson-Neal has been under siege for years because of state budget cuts, a steady increase in poor people needing mental health services in the Las Vegas area and a revolving door of administrators.
He noted the city had a disproportionate number of people displaced by the housing and mortgage meltdown of a few years ago.
"The casino boom was over, people were losing their jobs and their homes. They were stressed and they wound up in a mental health crisis," Ghertner said.
Between 2009 and 2012, Nevada slashed spending on mental health services by 28 percent to address budget deficits, according to data collected by the National Alliance on Mental Illness. Even before those cuts, Nevada fell well below the national average in spending on mental health services: In 2009, it spent $64 per capita on such services compared with a national average of about $123, according to the study.
"You're looking at a tsunami situation," said Ghertner, a psychologist who resigned last year after five years as agency director. "There is more pressure to turn patients over faster, and fewer programs (in which) to place them. Perhaps busing them became the easier solution."
It also is cheaper, he noted. Southern Nevada Adult Mental Health Services spent a total of $205,000 putting patients on Greyhound buses during the past five years, according to The Bee analysis. The state hospital admits about 4,000 patients a year to its inpatient unit, and inpatient care runs around $500 per day per client, Ghertner said.
He said he was aware during his tenure that Rawson-Neal was busing patients out of state but that he thought the practice was rare.
At the time, "I had 800 employees and a $106 million budget," he said. Ghertner regularly reviewed numbers pertaining to admissions, length of stay and other issues at the hospital, but patient busing was never on his radar, he said.
"I'm embarrassed to say that this practice was going on to this degree under my leadership," he said. "I had no idea. It just never came up."
Ghertner said the state mental hospital has been under stress since it opened in 2006, turning over five hospital directors since that time. That instability has taken a toll, he said.
"This busing issue is a symptom that reflects that the care there is not quality care," he said. "Things clearly are being missed."
Willden, Nevada's Health and Human Services director, said during last month's legislative hearing that policies have been tightened and disciplinary actions taken to ensure that patients are discharged only after the hospital confirms care and treatment at their planned destinations. The hospital administrator, Chelsea Szklany, now must approve all bus discharges ordered by medical staff, he said.
"Southern Nevada Adult Mental Health Services is committed to providing quality mental health services to its patients," said spokeswoman Mary Woods in an emailed statement.
But investigations continue into the agency's practices.
Rawson-Neal could lose vital federal funding pending an ongoing probe by the federal Center for Medicare and Medicaid Services. California state Senate President Pro Tem Darrell Steinberg has written a letter expressing outrage to U.S. Secretary of Health and Human Services Kathleen Sebelius.
The hospital's discharge practices also have prompted a call for action by a member of the U.S. Commission on Civil Rights. Commissioner David Kladney called for a broad investigation by Nevada's governor and Legislature.
"As a Nevadan, I am ashamed that my state is failing in its duty toward the neediest residents," Kladney said. Nevada, he said, appears to be "simply hoping that other states will shoulder the responsibility."
Call The Bee's Cynthia Hubert, (916) 321-1082. Follow her on Twitter @cynthia_hubert. Bee researcher Pete Basofin contributed to this report.
© Copyright The Sacramento Bee. All rights reserved.

Read more here: http://www.sacbee.com/2013/04/14/5340078/nevada-buses-hundreds-of-mentally.html#storylink=cpy

Banker Jumps to Death in Beijing's Finance Street

State-owned investment company China Jianyin Investment Securities Co. said the chairman passed away for health problems

(Beijing) – In an apparent suicide, a high-level executive of a state-owned investment company leapt to his death in downtown Beijing.
Wang Shiqiang, 60-year-old chairman of the board of supervisors for China Jianyin Investment Securities Co., appeared to have jumped to his death on the afternoon of April 16 from the top of the office tower that houses China Jianyin.
In an issued statement, China Jianyin said the suicide was due to personal issues in Wang's life, refuting online speculation that the death was tied to heavy losses incurred by gold investments. It is yet unclear how much risk exposure China Jianyin has to gold futures.
The company published an obituary on its website two days later which said Wang "passed away from health problems."
Wang joined China Jianyin in 2006, having worked for three years at the China Banking Regulatory Commission. Prior to that, he served in various positions within the central bank between 1977 and 2003.
China Jianyin was founded in September 2004 with registered capital of 20.7 billion yuan. The company was originally tasked with taking over policy lending from China Construction Bank during the bank's restructuring for a public listing.
It began pursuing a wider range of financial services with the State Council's approval in 2008, and became an investment platform of China Investment Corp., a sovereign wealth fund.
By the end of 2012, China Jianyin developed into a conglomerate with businesses ranging from financial consulting to commercial property development. Its assets totaled 76 billion yuan.