The Myth of the Million Dollar Challenge: "For ten years, the modern skeptical movement has wielded a cudgel against claims of the paranormal: the James Randi Million Dollar Challenge. In many debates over the possibility of psi abilities, the Challenge provides a final word for one side... 'has so-and-so applied for the Challenge?' The financial reward offered by the James Randi Educational Foundation is seen by many skeptics as providing an irresistible motivation for anybody with paranormal ability - after all, if someone could genuinely exhibit such powers, surely they would step forward to take the million?"
The Great Randi DEBUNKED!
A hilarious read, thoroughly and elegantly demolishing the great Urban Myth of the so-called 'final word' on the non-existence of paranormal phenomena. In retrospect, we probably didn't need a mystic medium to tell us it was as slyly bogus as making a casino 'vanish'.
Reading here on the REAL rules of the game, perhaps the psi-phy community could counter Randi's 'challenge' with their own million-dollar prize for anyone who can prove that Randi ever had any intention of ever parting with that money under any circumstances!