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Automatically Generated Transcript (may not be 100% accurate)
I said marijuana and I -- pain pain. Just South Africa our question of the day is do you think marijuana should be legalized in June and iron opposite sides of the late June just takes offense to the smell it but. From the sounds of things 686 cities or text number should marijuana be legalized our next guest Michael brush from MSN dot com Mike I don't. So like I do just speaking economically you're using marijuana should be legalized. Quite yet as you -- it tax it would have to respect. It's like flicker rate liquor and booze that's a great sources. Of tax revenue for the states and the federal government so. When you consider that the government may do Gujarat we don't that -- or. Things change in Mexico right. Night right maybe that's right it if we -- and importing it from Mexico would be a little easier they might I. -- epidemic it's huge -- It's just it's crazy. The drug -- so yeah. Or -- and you know a lot of people lot of people a lot of activists. It -- so you know it's an illicit trade and of course that would although if the government did a good job distribution arm that. You sell through the liquor stores AME right that's the -- let each state regulated you have to -- in the state where you live right except for Alaska. We let them pork barrel and I did that today because energy lately grown inside and Alaska I guess so. They might get a I wanna talk about this 1% or of the week witnesses a new column or not. Hey you know we we -- and I've been talking about -- Executive pay -- shoe were on current and write about it for. So we just cited converted into your regular weekly column and that's -- -- week. So -- Well. What we try to -- this feature. Break we try to -- the biggest the biggest hey back it is there's an -- And this week we have a percentage our ability. What are there ways that these people take a lot of money is golden parachute so these gold shoots better just in edited. Situations in the winters change of control it's huge payouts. Then this one was where. About to keep -- And ability to operate. He capped at about sixty -- Plus if you win other. Options that that accelerated. He he got about it. Dollar payday in this country basically pretty street after four years out. Was he doing a good job you do -- the what was he doing his job and act -- Well you know. -- or was it pretty well. That stockman up to be sent on of the takeover which is nice nice immediate return right. But I got a slot. That and you know Google bought it because. Decades -- Update expose people. At -- at. Apple and others are there it is but -- But he purchased couple -- in -- though that there are over of course many years so it's special. -- for all of all. So why -- the board given that kind of compensation package. Well. That's a question you know I think that's key question in decades ago. So it's not the case back that used to -- the exorbitant amounts of money and I don't think it stands -- reason that. That executive has -- so scarce in the last few decades that he has had. -- so much right so. I don't really go right there's a lot of practical explanation state and competence peers and it's credited well. It appears and they cherry -- appears different on or it is what sort of practical reasons. It's not your -- See you certainly are getting paid so much more than Easter and so much more than anybody else. And it's not CEOs all over the world right in the if you look at Canadian CEOs are Australians CEOs Japanese. European CEOs. They don't get compensated at that level. Eight you're exactly and that's an -- or. A group being present question street bailout that. You know arguably. It's just run company that's based in under the answer right -- get these people on average of in USC yeah so there's sort of culture of the CEO of -- this the year so it's huge. Back so you know -- -- from readers orbit are minorities so would be what you just George Strait and you know. He is saying that but really what's going artists that -- This is this is all this is contributing to wealth divide in the country and -- dividing the country is not. Not a good thing that's so -- Right that topic. Rules that you know you can do -- -- no -- that. I think any rational person. Understand that we -- all about the middle class in this country that's essentially what you -- you know -- the -- You got practical level means that there are few people to spend. Push the economy right there. -- agree with you but for different reason I don't might might -- logic is that money should be going to the shareholders and not. To the one you know they they -- -- that that seventy million dollars at this -- taken out. Naturally shareholder money I'm investing in that stock that should be coming to me is an investor. Not not to one person who's there for cup a cop in. People easily track that -- corporation was set up. -- ago. As a concept if you more than are only. As a way. As a corporation has to wait to allow editors to. Get money from investors and efficient way architecturally the -- of corporate. Somewhere -- -- US in the past two decades that. Idea has worked in. The concept of corporation existing cute in -- C you know step up for so corporation CEOs editors there is certain shareholders and important. In between but what happens. Is that management and the word get very close and so they -- -- out. Now measured to in de -- 270 million dollars right right. All right well Michael thank you very much for your time corporate. That's Michael brush from MSN dot com joining us today on the financial exchange.

