The Skeptical Teacher

Musings of a science teacher & skeptic in an age of woo.

Posts Tagged ‘scheme’

Placebo Band Bracelets and Opportunity for Easy Skeptical Activism

Posted by mattusmaximus on August 14, 2011

I have written before on this blog about the scam called Power-Balance, and how that company has raked in huge gobs of cash by essentially lying to its customers.  In fact, in Australia the company has basically been banned for false advertising, and fortunately more and more people are cluing in to this nonsense here in the United States.  But to help along everyone’s critical thinking skills as well as expose the Power-Balance for the scam that it is, I want to pass along to you a wonderful opportunity to engage in some easy and fun skeptical activism.  Dear reader, I give you the Placebo Band!

The Placebo Band: image courtesy of SkepticBros

There are two outlets for the Placebo Band, the original one at SkepticBros out of Australia and a new North American affiliate at the Placebo Band Store.  In addition, you can find testimonials on the power of  the Placebo Band, as well as instructions on how to educate your friends on how the whole thing works (hint: think placebo effect, hence the name 😉 )

For example, here’s a real* testimonial on the power of the Placebo Band.  Order yours today!!!

*And by “real”, I mean totally fake 🙂

Posted in humor, medical woo, physics denial/woo, skeptical community | Tagged: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment »

Bogus Power Balance Bracelets Get PWNed

Posted by mattusmaximus on January 22, 2011

Have you heard about the “Power Balance” bracelet?  It is a supposedly amazing device which, when worn, apparently confers to the wearer greater strength, balance, and flexibility!  Amazing!!!  Just watch this video “proving” the wonders of the Power Balance technology!

The Power Balance technology is supposed to work by…

… harnessing naturally occurring frequencies by programing them into a Mylar hologram.

That’s a quote directly from the Power Balance video above, and it’s complete and utter garbage. Firstly, as a physics professor, I can tell you that the goober in the video peddling this nonsense (and his bosses manufacturing and marketing it) don’t know the first damn thing about “naturally occurring frequencies” or “holograms” – if they did they wouldn’t be putting them into the same sentence.

Second, it is quite easy to definitively show that this whole Power Balance scheme is just a big, fat scam.  Just take a look at how skeptic Richard Saunders and his crew at the SkepticZone demonstrate how the scam works…

Third, it’s not just skeptics like me and Richard Saunders pointing out the scam, but it seems the law in the United States is catching up with the Power Balance charlatans as well.  Just look at this article at the Podblack Cat blog 🙂

Power Balance Bracelet Facing USA Class-Action Lawsuit

It’s official – if you’re in the USA and brought a Power Balance bracelet, you can sign up at

www.powerbalanceclassaction.com

And be a part of the nationwide class-action lawsuit against the makers of the Power Balance bracelet.

Wow, that’s a triple whammy.  Spread the word far and wide about this scam, because these charlatans are actively marketing & selling this bogus product to far too many gullible customers.  Folks, you might as well burn your money for all the good it’ll do you.  In short, I think it is appropriate to deliver the following message to the Power Balance company…

Posted in medical woo, physics denial/woo | Tagged: , , , , , , , , , , , , , , , , , , , , , , , , , , | 3 Comments »

How to Always Pick a Winning Stock

Posted by mattusmaximus on December 21, 2010

This time of year, money is on a lot of people’s minds.  And especially with the crummy economy, it is REALLY on people’s minds.  Unfortunately, this is an environment which is ripe for various kinds of money-related scams.  In that spirit, I wanted to share with you all an excellent blog post by my skeptical colleague Phil Ferguson over at the Skeptic Money blog. It’s all about those schemes to “pick winning stocks” and whatnot; I can’t do it justice, so I’ll just pass along Phil’s post…

How To Pick Winning Stock Every Time – The Skeptics’ Way

Today I will show you how great stock pickers are able to find the winners – every time.  Now when you get a tip via a call or an e-mail from a broker you will know how they do it.  Now you can do it too.  If you use this same method you can guarantee a correct prediction on a stock.  With this system you can win every time.

I found this video from Darren Brown.  He calls it the system and I will stick with that name.  He uses it on horses but, I will tell you how to do it with stocks.  It is even better with stock because they can only go up or down.  It is so easy – it will blow your mind.  The same secrets apply to stocks as it does for horses.  Watch this video to see how it works.  Don’t skip ahead… YOU NEED to see how well this works. …

And yes, there IS an angle to this whole thing, but to see the angle read all the way through to the end of Phil’s post plus watch the accompanying videos.  However, for those of you who are a bit ADD, I’ll skip to the end:

… Someone had to win with each bet.  A stock picker can do the same thing.  They will call dozens, hundreds or even thousands of people.  They will tell half of the people that a given stock will go up and the other half will be told that the same stock will go down.  Those that lose never get called again.  The winners are called again and get a new stock tip.  So with just 16 people to start with a stock picker can get 4 in a row for one lucky person.  Now that person will do just about anything.  Even borrow money from friends.  They may or may not make money.  It does not matter to the broker.  Each time you buy or sell a stock, you make will make the broker money.

Now, when someone calls you with a hot stock tip, you will know what to do – RUN!

Posted in economics, mathematics | Tagged: , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a Comment »

 
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