On the Left Side

Enough Harper

US-war-independent-nations-640x350
Pentagon Says Independent Nations ‘Are A Threat’ To U.S.

LNG-equipment-bargeFirst Nations occupying Lelu Island, blocking early Petronas LNG work

03218851-700x500PM’s security squad racked up more than $23 million in cost overruns

Eggs-in-basket-Mark-Robinson-FlickrThe Harper Conservative economic disaster

Victoria-Police-HeadquartersFamily says missing 14 year old safe and plans to file police act complaint against VicPD

11322650Public servant investigated over political 'Harperman' song-VIDEO

NDP Leader Tom Mulcair smiles while campaigning  in Stratford, Ont., on Wednesday, August 26, 2015. THE CANADIAN PRESS/Frank Gunn
NDP policy manual removed from party's website because it "is not the platform": NDP advisor

calgarySkylineNDP Strength in Calgary-Foothills Riding Suggests May 5th Election Was No Fluke - And Could rattle Conservatives Narrative

Liberal Leader Justin Trudeau
Liberal leader Justin Trudeau promises more flexible parental leave

Thomas Mulcair-Leader of the NDP-Looking for love in all the wrong places.
Would an NDP win mean the end of Canada?

Liberal Leader Justin Trudeau speaks to supporters during a campaign stop in Newmarket, Ont., on Wednesday, August 26, 2015. THE CANADIAN PRESS/Paul Chiasson
Trudeau: Balancing Budget An Exercise That Could Take Years

NDP Leader Thomas Mulcair

Canada Election 2015: Women's Issues Debate Cancelled After Mulcair Bails

OSHAWA -- Harry Leslie Smith was the guest speaker at Stand Up for Progess National Tour, hosted by the Broadbent Institute, at the Robert McLaughlin Gallery. July 29, 2015
‘Cruelty’ of 1920s and 1930s emerging in Canada, author warns Oshawa audience

Green Party Leader Elizabeth May
Green Party promises to update 'anti-feminist,' inaccurate platform


11318382Boat strike blamed for young killer whale's wound

Green Party Leader Elizabeth May
New Insights West poll shows surging Greens

stephen-harperConservatives have lost edge they had on the economy, polls suggest

KissingerKissinger: ‘Breaking Russia Has Become Objective For US’

chris_darimont_uvic_photo_0Human 'super predators' destroying our own sustenance: study

drone_dleiveryWatch: Drone Delivers Marijuana Order to San Francisco Park

slide_292683_2354850_freeHow the Harper Government Committed a Knowledge Massacre

b-c-legislature-photoPremier announces fall sitting of B.C. legislature

research-library-closure-in-lethbridgeResearch library's closure shows Harper government targets science 'at every turn,' union says

Harper-Family-RCMP-sizedHarper Children Must Appear in All News Photos of PM Canadian Media Told

21JPSANDERS-master675Bernie Sanders Draws Big Crowds to His ‘Political Revolution’

Canadian Prime Minister Stephen Harper rises to his feet to take journalist's questions after making a policy statement promising federal funding for a Toronto transit project during a speech at a Toronto Transit Commission depot in Toronto on Thursday, June 18, 2015. THE CANADIAN PRESS/Chris Young
The Harper article that taught us to get angry again

naomi_kleinNaomi Klein- Don't Look Away Now The Climate Crisis Needs You.

stephen-harper-16Andrew Coyne: Sympathy for Harper — imagine learning everyone you trusted lied to you"

fedelxn_ndp_20150819Mulcair Promises NDP Will Invest 250 Million In Front Line Police Officers Across Canada

mayobserver3complete_1How Elizabeth May plans to topple Harper

5218Islamic leaders issue bold call for rapid phase out of fossil fuels

11296419Mulcair promises $9M for disaster preparedness, training programs

Liberal Leader Justin Trudeau
Justin Trudeau holds rally with Kathleen Wynne in Toronto

stephen-harper-300x206Stephen Harper criticized in international newspapers.VIDEO

harperStephen Harper to receive 'world statesman' award from Appeal of Conscience Foundation

elizabeth-may-and-stephen-harperHarper Says He Found Elizabeth May’s Cleavage Distracting During Debate

kjewishterroristUri Avnery-The Kahanists and the other fascist groups in today's Israel are far more dangerous than most people believe.

ISIS-CIA-cooperation-400x266Officials: Islamic State Arose from US support for al-Qaeda in Iraq

justin-trudeau-20150816Justin Trudeau, armed with promise of tax relief, campaigns in Ontario suburbs

Another-35-people-quit-NEBs-Kinder-Morgan-pipeline-reviewAnother 35 intervenors abandon ship on NEB’s Kinder Morgan review

leadnow-volunteer-610pxHow Leadnow Will Push Strategic Voting to Defeat Tories

WheeldonThe NDP stumbles over Palestinian political correctness

NDP Leader Thomas Mulcair speaks to supporters during a campaign stop on Mount Royal Tuesday, August 4, 2015  in Montreal. THE CANADIAN PRESS/Ryan Remiorz
NDP would lead a minority government if elections held today, Tories slip to third: Léger poll

jeremy-corbyn-610pxCanadians Take Note: Left Populism Is Rising Up

Donald Bayne, lawyer for former Conservative senator Mike Duffy, arrives at the courthouse in Ottawa on Friday, Aug. 14, 2015. Duffy is facing 31 counts of breach of trust, fraud and bribery. THE CANADIAN PRESS/Fred Chartrand
Duffy trial: Bayne tries to link Harper to PMO damage-control cabal

debateharper1_150806Sunday New York Times will feature a smackdown of Stephen Harper

thomas-mulcair-is-cracking-down-on-pro-palestinian-sentiment-in-the-ndp-body-image-1439503769-size_1000Thomas Mulcair is Cracking Down on Pro-Palestinian Sentiment in the NDP

VCRD108_Enbridge_Pipeline_Protest_20131116B.C. lawyer gagged from discussing hearing into alleged CSIS spying on pipeline protesters

burning-gmoHungary Destroys All Monsanto GMO Corn Fields

mike_duffy_4_0Wright's emails reveal a controlling and manipulative PMO

friends-around-campfire300B.C. campfire ban violators intimidating conservation officers who try to stop them

10771396334_2b42fd3f23_zLinda McQuaig is right: Leave the oil in the soil

IMG_0548_3EXCLUSIVE: Site C Dam ‘Devastating’ for British Columbians, Says Former CEO of BC Hydro

Israeli Prime Minister Benjamin Netanyahu, right, stands with Canadian Prime Minister Stephen Harper, during a welcoming ceremony at the Prime Minister's office in Jerusalem, Sunday, Jan. 19, 2014.  Harper is on an official visit to the region. (AP Photo/Sebastian Scheiner)
Canada Helps Block UN Plan To Rid World Of Nukes, Citing Israel Defence

Bernie SandersBorowitz--Sanders Shamelessly Pandering to Voters Who Want to Hear Truth

sinclair-stevens-300pxFormer PCs Aim to Oust Conservatives Via Vote Siphoning

Pacific_oysters-1140x64131 sick: Restaurants ordered to cook all oysters from B.C.

tar_sands_united_church__0United Church of Canada cuts ties with Big Oil

blood_orangeMulcair's orange purge of pro-Palestinian candidates will come back to haunt him

frances-kelsey-jpgGeoff Johnson: Dr. Frances Kelsey showed students true greatness

Thomas Mulcair smilingMulcair touts fiscal credentials of NDP governments past

vegetable-garden-sunshine-coast-restrictionsSunshine Coast watering restrictions may threaten food security, says farmer

lindamcquaig.jpg.size.xxlarge.letterboxSeth Klein--In our politics, telling the truth gets you in trouble

Archives

So You Want To Make Few Extra Bucks? Simple-Start Up A Hedge Fund!

Richard Hughes PoliticalBlogger

Richard Hughes PoliticalBlogger

As a retired guy from time to time I think that it would be nice to bring in a few extra bucks.

Problem is that generally people actually want you to produce something of benefit to them, provide a service or some other such time consuming sacrifice.

Well that is a mugs game really. I mean why don’t I  just park my conscience and principles and start up a hedge fund?

Here is a look at a world foreign to 99 percent of us.

It’s a common belief that people are compensated more or less in proportion to the value they produce. Sure, it’s an imperfect measure – why should teachers make a fraction of what personal injury lawyers take in? – but if someone’s making billions of dollars per year, they must be doing something positive for society.

But what do those at the pinnacle of the economic pile – hedge fund managers whose compensation dwarfs that of the best paid corporate CEO – actually do? “A straight answer is hard to come by,” writes Les Leopold in his new book, How to Make a Million Dollars An Hour [4] (Wiley). “Mostly these guys (and yes, they are nearly all guys) keep their efforts hidden from view. Trade secrets and mystical lore shroud their every move. Neither regulators nor the public have any idea how so much money is minted.”

AlterNet caught up with Leopold to discuss the new book.

Read the full interview here

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