World's Hardest Riddle

For just creating this blog out of (more or less) no where, I have found myself thinking of all kinds of things to write about. This may be something I'm kinda diggin' after all. Which is sort of funny to me.
Well anyway, so the other day I see this "World's Hardest Riddle" on myspace. For those of you not familiar with it or just want to read it again, I'll paste it below. (And if you don't want to see the answer right away, I suggest trying to figure it out first, as I have it below.)

I turn polar bears white
and I will make you cry.
I make guys have to pee
and girls comb their hair.
I make celebrities look stupid
and normal people look like celebrities.
I turn pancakes brown
and make your champagne bubble.
If you squeeze me, I'll pop.
If you look at me, you'll pop.
Can you guess the riddle?


97% of Harvard graduates can not
figure this riddle out, but 84% of kindergarten students were able to figure
this out in 6 minutes or less. Can you guess the correct answer?

And of course there was the nice little bit at the end about "post this and the answer will appear in your inbox blah blah blah .." Yeah. Anyway, I'm trying to think of the answer. I mean, I really thought about this for a while. When I finally decided to just google it to see if I could find it on the internet, I was rather disappointed. (The answer of course, being "No" - in response to the last line of the riddle.) I wasn't sure if the greater feeling was the disappointment of the "answer" to the riddle or the stupidity I was feeling. But a lesson I've learned from my little Mensa calendar at work, knowing "how" to think is sometimes as intelligent as knowing what to think. Indeed. So, aside of the simple answer to the question, there is bound to be those philosophical people who are bound and determined to come up with an answer to more than just the question, but the "thing" actually described in the first person of the riddle. I thought it was rather interesting. I liked 3 in particular: words, time, and God. Although if I had to pick one, I'd say time. (Because eventually everything goes back to God, time would just be more specific.) I did start to think abstractly about it a few times, but I kept going back to the whole kindergarten deal and then kept dumbing it down. Obviously I just didn't dumb it down quite enough.