I am just gonna chime in with my two cents on this one...
It is something known as Mod-iration. Very similar to admiration, only in this case people don't exactly know why it is they look up to them so much. Because their name is in bold and because they have official power to decide which posts are gooda nd which one are bad people asume that they have earned a masters degree in the world of which they speak about. The same thing happened 2 years ago when Triple A started to post. (Little known fact juniors, I had 1,000 posts when Triple A used his 17th posts to congradualte yours truly).
To be fair Loosey actually isn't that much of an idiot. He does have some good points, as good as mine? No, but hey we can't expect everyone to post like a god.
The bottom line is that Loose Cannon makes decent posts, he is a Mod, and he has more posts then any normal person should have been able to make.
For better of for worse the ass kissing is here to stay.