They did recently appoint a nobel prize winning physicist as Obama's energy sec. So there's something there. PM is sadly one of those duckies you can never, ever sink:
http://en.wikipedia.org/wiki/History_of_perpetual_motion_machines
I think a lot of people get caught up in PM because it's like borrowing from the left hand side of the equation to make the right hand side work. You get the right hand side working and then notice the left hand side is now wacked. So you borrow from the right and make the left work again. But then you notice the right is now out of wack. Each time you think you've solved it but there just appears to be a new little kink that you'll iron out and it will all be good.
Certainly there are total scammers but I think a lot of people just get caught in this spiral.
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Conspiracy Skeptic Podcast
http://www.yrad.com/cs