Who is this man, and what is he talking about?

Cracked by udupendra , priyananda , WikiWaki , rajeshvj and Goyal!

This is James Randi of the JREF talking about the origins of the One Million Dollar Paranormal Challenge. Randi is a former stage magician and now a professional skeptic, who spends his time debunking claims of the paranormal and/or supernatural. The JREF sponsors a $1M challenge for anyone who can prove their claims under a sensible test environment

udupendra, priyananda, WikiWaki, rajeshvj and Goyal