Panel 1: As John looks on, Walt tells a very reluctant Mike that if he can handle a hot dog and make change, he's got a corner on the market. He's 0 for 2 on that score but, well, that doesn't actually matter as far as John is concerned.
Panel 2: He then says that he can work mornings, noon and evenings and can look forward to random shift changes to keep him alive with drive. Since this requires Mike to have to adapt to someone else's schedule, this is something he's guaranteed to see as a punishment.
Panel 3: He then says that he'll show up every shift to see how he's doing and that he gets paid cash every week before asking him if he's in.
This is probably the same sort of deal killer for Mike that it would be for Lynn. She's all about being angry and afraid of being supervised, after all.
Panel 4: John does the talking and says Mike will take it because he was never giving Mike a choice in the first place.
Summary: It's a dick move, of course. The problem is that John has to resort to dick moves like this to get anything done because Mike doesn't want to admit that most of the reason that he has someone bellowing in his ears to tell him to move is that left to his own devices, he'd sit in a pile of his own waste and die.