Sorry, not every day is that bad Artie, but then days like you describe are fewer and fewer and being paid for standby duties is just not an option for an awful lot of pilots these days.
I have seen FOs sworn at by the middle management and read intimidating memos peppered with expletives directed at pilots by foul mouthed, gobby, idiot managers. Now that may be fine for the air force, (although I don't agree with it) where you get trained for nowt while being paid, but is no way to be treated after such a huge investment of your own time and money.
I fear that the days of walking into a job where you get a decent contract are well and truly over for the vast majority.
The flying schools have no interest at all in painting a true picture to the potential cadets, just the "living the dream" claptrap.
(In the interest of balance and perspective).