I had the opportunity to discuss the original Bem paper on psi in the journal club I regularly participate in. The conclusion is plainly wrong, but the error in procedure is subtle and it took a while for response papers to come out about his initial finding. (And everyone agrees that Bem is a smart man, so the subtle errors are all the more dismaying.) If Bem can't design experiments carefully, who can?
AFTER EDIT TO RESPOND TO QUESTIONS IN ANOTHER SUBTHREAD HERE:
Another participant is asking why parapsychology has poor prior plausibility. Parapsychology is a rather recent discipline, always with sloppy experimental practices,[1] and meanwhile the disciplines of physics and medicine are much older. The study of how information is transmitted by electromagnetic radiation and how the human body perceives sensations is incompatible with supposed abilities like ESP, and completely incompatible with seeing into the future in the manner described by Bem. Extraordinary claims require extraordinary evidence. A million dollars says that psychic claims are bogus,[2] and so far no one has won a million dollars by proving that proposition wrong.