Sad but true. A lot of people are in the loop and I couldn't agree with you more on this statement.

they are situations people find themselves in where they don't have control over their schedule, their needs determine their activities and not wants

I will also refer to the loop as a rat race. Imagine even after all the promotions you still find yourself in the same position as you started. I got out of the Loop myself February last year, I couldn't be happier with my decision. Now I'm full time online, doing what I really love.