Is Karma a crock of baloney?

I respect the beliefs of those who believe in karma as one of the founding principles of their spiritual beliefs. They also generally believe in reincarnation so karma plays out over several lifetimes. However, I do not believe in karma. I have seen to much kindness result in misery and too much hatred and deviousness rewarded. Bad things often happen to good people and vice versa. There is no rhyme or reason.