Psychiatrists aren't interested in your life story, sure they'll listen to your rave but they are really listening for specific manifestations of symptoms within your dialogue that fit the diagnostic criteria of the DSM IV, then they apply the appropriate code and bill you or your medical insurance.
Untue guest, of course psychiatrists are interested in your story, they are there to treat you for whatever your problem may be, they are beneficial, maybe not for everyone, they don't bill you , not where I am anyways, for me it's free.

They then usually prescribe a medication (with lots of dangerous side effects) to target the chemical imbalance they cannot medically prove exists.
Again untrue, not ALL medications have dangerous side effects, you obviously don't know much about todays medications.
For me I've never been in danger because of the side effects, yes there are some out there, but it's rare that the side effect is dangerous.
Medication is helpful, if it works for you. Personally, I find medication works great to help level out my chemical imbalance, and YES there is a thing as chemical imbalances, not everyone suffers from that, not all disorders are about chemical imblances either.
Anywho yeah forgot to make those comments.