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	<title>Comments on: The Art of the Con</title>
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	<link>http://www.michaelshermer.com/2009/03/the-art-of-the-con/</link>
	<description>books, essays, columns, reviews, and multimedia clips of famed skeptic Michael Shermer</description>
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		<title>By: Peat</title>
		<link>http://www.michaelshermer.com/2009/03/the-art-of-the-con/comment-page-1/#comment-4340</link>
		<dc:creator>Peat</dc:creator>
		<pubDate>Sun, 03 Oct 2010 01:18:42 +0000</pubDate>
		<guid isPermaLink="false">http://www.michaelshermer.com/?p=684#comment-4340</guid>
		<description>http://www.frostcloud.com/forum/showthread.php?p=455862&amp;mode=threaded#post455862

Whatever history has taught US strange lessons by folly of game shells.
That which is foolish to do leads to desolate outcomes by time wasted.
Consider this: losing your religion to republican aristocracies: hells bells.
Bow down to mammon&#039;s mummy idol in give or take of time we plastered.


Fleece immigrants before they step up sum social some ladder in fashions.
A line of reasoning as a series of points off for a walk in the fascists snow.
Job that is present day economic self worth by trade workers in passions.
For goods by stakeholders called capitalist by socialist on paternoster row.


Ownership of property rights for the state system of tax extraction floats.
Over tacks taxonomic watch out the taxidermist will stuff evils predators.
Predation of ones time for another&#039;s law of reciprocity so who made boats?
Follow tribal heard leaders if not kill all louts in their pens with ink blotters.


Charles Ponzi the conman who sat like a cat on a mat that social pyramid.
Never noticing one US dollar bill has an all seeing eye at top of its pyramid.

peat</description>
		<content:encoded><![CDATA[<p><a href="http://www.frostcloud.com/forum/showthread.php?p=455862&#038;mode=threaded#post455862" rel="nofollow">http://www.frostcloud.com/forum/showthread.php?p=455862&#038;mode=threaded#post455862</a></p>
<p>Whatever history has taught US strange lessons by folly of game shells.<br />
That which is foolish to do leads to desolate outcomes by time wasted.<br />
Consider this: losing your religion to republican aristocracies: hells bells.<br />
Bow down to mammon&#8217;s mummy idol in give or take of time we plastered.</p>
<p>Fleece immigrants before they step up sum social some ladder in fashions.<br />
A line of reasoning as a series of points off for a walk in the fascists snow.<br />
Job that is present day economic self worth by trade workers in passions.<br />
For goods by stakeholders called capitalist by socialist on paternoster row.</p>
<p>Ownership of property rights for the state system of tax extraction floats.<br />
Over tacks taxonomic watch out the taxidermist will stuff evils predators.<br />
Predation of ones time for another&#8217;s law of reciprocity so who made boats?<br />
Follow tribal heard leaders if not kill all louts in their pens with ink blotters.</p>
<p>Charles Ponzi the conman who sat like a cat on a mat that social pyramid.<br />
Never noticing one US dollar bill has an all seeing eye at top of its pyramid.</p>
<p>peat</p>
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		<title>By: Jack</title>
		<link>http://www.michaelshermer.com/2009/03/the-art-of-the-con/comment-page-1/#comment-3307</link>
		<dc:creator>Jack</dc:creator>
		<pubDate>Wed, 15 Jul 2009 19:00:49 +0000</pubDate>
		<guid isPermaLink="false">http://www.michaelshermer.com/?p=684#comment-3307</guid>
		<description>Bernie Madoff was sentenced to 150 years in prison for running a Ponzi scheme.  Congress has been running a Ponzi scheme since 1935 (Social Security), so why aren&#039;t they in jail?</description>
		<content:encoded><![CDATA[<p>Bernie Madoff was sentenced to 150 years in prison for running a Ponzi scheme.  Congress has been running a Ponzi scheme since 1935 (Social Security), so why aren&#8217;t they in jail?</p>
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		<title>By: Sharon</title>
		<link>http://www.michaelshermer.com/2009/03/the-art-of-the-con/comment-page-1/#comment-3297</link>
		<dc:creator>Sharon</dc:creator>
		<pubDate>Sun, 12 Jul 2009 04:11:30 +0000</pubDate>
		<guid isPermaLink="false">http://www.michaelshermer.com/?p=684#comment-3297</guid>
		<description>@everyone else:  booyah!  question everything!</description>
		<content:encoded><![CDATA[<p>@everyone else:  booyah!  question everything!</p>
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		<title>By: NMcC</title>
		<link>http://www.michaelshermer.com/2009/03/the-art-of-the-con/comment-page-1/#comment-3123</link>
		<dc:creator>NMcC</dc:creator>
		<pubDate>Tue, 09 Jun 2009 20:16:41 +0000</pubDate>
		<guid isPermaLink="false">http://www.michaelshermer.com/?p=684#comment-3123</guid>
		<description>j_hotch:

Your point being?

Moridin:

&quot;Michael Shermer is, among other things, the editor-in-chef (sic) of a magazine...&quot;

Yes, his own.


&quot;...and a writer and contributor to Scientific American.&quot;

Churning out the kind of pointless drivel evidenced above.

&quot;Maybe NMcC should try to read some of Shermer’s books.&quot;

Er, like The Mind of the Market? The one in which disciple Shermer pays homage to High Priest market? When was that published, now? Oh yes, at the time the market was collapsing and being bailed out around the world by the State.

The genius is palpable.</description>
		<content:encoded><![CDATA[<p>j_hotch:</p>
<p>Your point being?</p>
<p>Moridin:</p>
<p>&#8220;Michael Shermer is, among other things, the editor-in-chef (sic) of a magazine&#8230;&#8221;</p>
<p>Yes, his own.</p>
<p>&#8220;&#8230;and a writer and contributor to Scientific American.&#8221;</p>
<p>Churning out the kind of pointless drivel evidenced above.</p>
<p>&#8220;Maybe NMcC should try to read some of Shermer’s books.&#8221;</p>
<p>Er, like The Mind of the Market? The one in which disciple Shermer pays homage to High Priest market? When was that published, now? Oh yes, at the time the market was collapsing and being bailed out around the world by the State.</p>
<p>The genius is palpable.</p>
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		<title>By: Moridin</title>
		<link>http://www.michaelshermer.com/2009/03/the-art-of-the-con/comment-page-1/#comment-3120</link>
		<dc:creator>Moridin</dc:creator>
		<pubDate>Sun, 07 Jun 2009 15:49:05 +0000</pubDate>
		<guid isPermaLink="false">http://www.michaelshermer.com/?p=684#comment-3120</guid>
		<description>Michael Shermer is, among other things, the editor-in-chef of a magazine and a writer and contributor to Scientific American. Those are real jobs.

Maybe NMcC should try to read some of Shermer&#039;s books.</description>
		<content:encoded><![CDATA[<p>Michael Shermer is, among other things, the editor-in-chef of a magazine and a writer and contributor to Scientific American. Those are real jobs.</p>
<p>Maybe NMcC should try to read some of Shermer&#8217;s books.</p>
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		<title>By: j_hotch</title>
		<link>http://www.michaelshermer.com/2009/03/the-art-of-the-con/comment-page-1/#comment-3119</link>
		<dc:creator>j_hotch</dc:creator>
		<pubDate>Fri, 05 Jun 2009 20:34:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.michaelshermer.com/?p=684#comment-3119</guid>
		<description>Hey NMcC,

Is this your wallet?</description>
		<content:encoded><![CDATA[<p>Hey NMcC,</p>
<p>Is this your wallet?</p>
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		<title>By: NMcC</title>
		<link>http://www.michaelshermer.com/2009/03/the-art-of-the-con/comment-page-1/#comment-3118</link>
		<dc:creator>NMcC</dc:creator>
		<pubDate>Fri, 05 Jun 2009 11:02:25 +0000</pubDate>
		<guid isPermaLink="false">http://www.michaelshermer.com/?p=684#comment-3118</guid>
		<description>What on earth is the big &#039;wow&#039; here? We live in a society in which having money means &#039;good&#039; while having no, or little, money means &#039;bad&#039;. A guy thinks some money had been found and that its rightful owner may not be traceable. The way the conversation progressed, he was included in the &#039;find&#039;, so to speak. He &#039;joined in&#039; i.e. trusted the two conmen, because he didn&#039;t realise that there are some people in the world, like you Shermer, who don&#039;t have proper jobs and who can spend their time amusing themselves with this kind of nonsense. If the guy had seen the wallet falling from someone&#039;s pocket, the chances are he&#039;d have simply handed it back. Perhaps he wouldn&#039;t have done so. Well, there you have it folks, Shermer&#039;s great revelation: some people are more honest than others, and some people can be conned rather easily. As I asked above, where&#039;s the big &#039;wow&#039;?

Sometimes, Mr Shermer, I think you are the one of the greatest of the most pointless titheads on this planet.</description>
		<content:encoded><![CDATA[<p>What on earth is the big &#8216;wow&#8217; here? We live in a society in which having money means &#8216;good&#8217; while having no, or little, money means &#8216;bad&#8217;. A guy thinks some money had been found and that its rightful owner may not be traceable. The way the conversation progressed, he was included in the &#8216;find&#8217;, so to speak. He &#8216;joined in&#8217; i.e. trusted the two conmen, because he didn&#8217;t realise that there are some people in the world, like you Shermer, who don&#8217;t have proper jobs and who can spend their time amusing themselves with this kind of nonsense. If the guy had seen the wallet falling from someone&#8217;s pocket, the chances are he&#8217;d have simply handed it back. Perhaps he wouldn&#8217;t have done so. Well, there you have it folks, Shermer&#8217;s great revelation: some people are more honest than others, and some people can be conned rather easily. As I asked above, where&#8217;s the big &#8216;wow&#8217;?</p>
<p>Sometimes, Mr Shermer, I think you are the one of the greatest of the most pointless titheads on this planet.</p>
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		<title>By: Mike MacInerney</title>
		<link>http://www.michaelshermer.com/2009/03/the-art-of-the-con/comment-page-1/#comment-3050</link>
		<dc:creator>Mike MacInerney</dc:creator>
		<pubDate>Mon, 11 May 2009 00:55:59 +0000</pubDate>
		<guid isPermaLink="false">http://www.michaelshermer.com/?p=684#comment-3050</guid>
		<description>I am amazed at what I perceive as the con of the Motivational Speakers.  I watched a one day seminar recently and became astounded at how the speaker used emotional subjects to get the audience convinced to buy his books and CDs.  Seemed like I was in church and watching people getting worked up over the next coming.</description>
		<content:encoded><![CDATA[<p>I am amazed at what I perceive as the con of the Motivational Speakers.  I watched a one day seminar recently and became astounded at how the speaker used emotional subjects to get the audience convinced to buy his books and CDs.  Seemed like I was in church and watching people getting worked up over the next coming.</p>
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		<title>By: Sheldon</title>
		<link>http://www.michaelshermer.com/2009/03/the-art-of-the-con/comment-page-1/#comment-2903</link>
		<dc:creator>Sheldon</dc:creator>
		<pubDate>Fri, 20 Mar 2009 04:21:33 +0000</pubDate>
		<guid isPermaLink="false">http://www.michaelshermer.com/?p=684#comment-2903</guid>
		<description>Front runnng and greed.  

Were the victims as innocent as they seem?

Some of the investors in Madoff&#039;s fund 
didn&#039;t know they were investing with him---
let&#039;s leave them out.

For the rest, there&#039;s evidence that
some of them didn&#039;t believe that Madoff
was actually investing using the system
that he described.  

For example, the 1999 and 2005 whistle
blowing report google
Trying to Blow The Whistle on Madoff
said that almost certainly Madoff was
a ponzi scheme --- but there was a chance
that it was a front running scheme.

So people who didn&#039;t think it was a ponzi 
scheme may have been happy to get 
unrealistic returns because they thought
Madoff was front running and thereby
getting easy guaranteed profits at the 
expense of retail investors.</description>
		<content:encoded><![CDATA[<p>Front runnng and greed.  </p>
<p>Were the victims as innocent as they seem?</p>
<p>Some of the investors in Madoff&#8217;s fund<br />
didn&#8217;t know they were investing with him&#8212;<br />
let&#8217;s leave them out.</p>
<p>For the rest, there&#8217;s evidence that<br />
some of them didn&#8217;t believe that Madoff<br />
was actually investing using the system<br />
that he described.  </p>
<p>For example, the 1999 and 2005 whistle<br />
blowing report google<br />
Trying to Blow The Whistle on Madoff<br />
said that almost certainly Madoff was<br />
a ponzi scheme &#8212; but there was a chance<br />
that it was a front running scheme.</p>
<p>So people who didn&#8217;t think it was a ponzi<br />
scheme may have been happy to get<br />
unrealistic returns because they thought<br />
Madoff was front running and thereby<br />
getting easy guaranteed profits at the<br />
expense of retail investors.</p>
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		<title>By: david bosch</title>
		<link>http://www.michaelshermer.com/2009/03/the-art-of-the-con/comment-page-1/#comment-2902</link>
		<dc:creator>david bosch</dc:creator>
		<pubDate>Fri, 20 Mar 2009 02:38:45 +0000</pubDate>
		<guid isPermaLink="false">http://www.michaelshermer.com/?p=684#comment-2902</guid>
		<description>I wish there were an indication of what proportion of people fall for the pigeon drop con.</description>
		<content:encoded><![CDATA[<p>I wish there were an indication of what proportion of people fall for the pigeon drop con.</p>
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