How to Spot a Scam (The Obama Jobs Bill, for example)

Listening to the radio today, an expert on consumer scams listed several red flags that we should be watchful for in avoiding scam artists. He suggests we walk away if:

1. The salesmen pushes you to buy or sign right now. He uses words like, "hurry" and  "last chance" and conveys a sense of urgency by saying "It's a great deal, buy today!"
2. The offer is too complicated to be easily understood.
3. The offer sounds too good to be true; there is a promise of great reward for little risk.