The Baloney Detection Kit

I just stumbled upon this handy-dandy "baloney detection kit" on the web, designed by the late Carl Sagan years ago to use in debunking charlatans.

Note its applicability to the anti-naked-shorting Baloney Brigade, which uses virtually all of these tactics in promoting their nonexistent scandal.

Someone should send a copy of Sagan's baloney-detection guide to Christopher Cox at the SEC, and also to state regulators, starting with Ralph Lambiase in Connecticut.

© 2006 Gary Weiss. All rights reserved.

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Wall Street Versus America was published by Penguin USA on April 6.
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