For Love or Money?
So I'm watching this show on NBC called For Love or Money. Basically, it's a twist on The Bachelor: 1 Guy and like 20 women. Each episode, the guy eliminates one or more of the women. The last woman standing wins a million dollars. The key is disclosure: The women know that the last one standing wins the million bucks. The guy, on the other hand, has no clue about the money.
I went through a few phases with this show. Phase 1: I heard about the show and thought that it should be renamed The Luckiest Guy in America, since these money-hungry women will do anything to be the last one standing. I mean, this guy should be able to use the $1 Million as leverage and bang each and every one of them.
The problem with this logic is that it only works if the guy knows about the money involved. The guy can't take advantage of the situation if he's not aware that the women are competing for $1 Million.
Phase 1 turns the show from Drama to Comedy. These women are falling all over the guy, and the guy thinks that he's some sort of Casanova. Unbeknownst to him that he's merely a lottery ticket.
Now we reach Phase 2: The producers of the show disclose to the guy the money involved. Instantly the guy goes from Casanova to Chump. He now knows that the women are not really into him but are instead playing him for a million bucks. But Phase 2 brings us back to Phase 1: This guy is now the luckiest guy in America. Use your advantage, Rob! Bang the bejeezus out of each of the 3 remaining chicks!
Phase 2 will lead to Phase 3: The joke's on the women. First, these women will be exposed as the money-hungry whores that they are. Second, the guy will get to use-and-abuse them. Third, I noticed a disclosure at the end of the program that stated that the $1 Million would be paid as an annuity over 40 years (or the women could receive the present value). This is much less than the $1 Million check that these chicks bargained for. So assuming a discount rate of 5%, these women are whoring themselves out for an annual payment of $8,278.16 or a Present Value of only $142K.
Gotta love Reality TV. |
