Why are the proven in the eyes of the Fed & Central Bank such miserably selfish and brainless human beings?

Just one example, but, I have a neighbor who's related to Richard Nixon (who really wasn't that bad a prez, btw..) who just happens to also be extremely well-to-do, if you understand me. An automotive engineer who "works" for one of the Big Three (sorry I don't feel comfortable telling which one), and yet has kid not allowed to depreciate the value of toys by playing with them and doesn't know how to jumpstart a car despite 20+ years of doctorate education..