According to the Telegraph, hedge fund David Tepper’s compensation this year will be about $2.5B. Of course, Tepper’s fund creates nothing useful for anyone, it simply expropriates value from the rest of society. This is inequitable, wasteful, and, at a time when many Americans are struggling to put food on the table, morally reprehensible. Yet there appears to be absolutely no political will to get speculation and speculative profits under control (admittedly, it’s probably not surprising given the influence of the financial oligarchs in Washington).