It's something to think about. Shit tends to roll downhill, and not because people are actively attempting to be sociopaths (at least not in 90% of cases). It's because they're under even more pressure than you are. If you think you're dealing with bullshit and politics at the lower to middle levels of an organization, just wait till you experience the upper-middle, or even the top. Politics gets more intense the higher you climb, not less. There's more bullshit to deal with at the top of the mountain. That's why there's so much shit to roll downhill in the first place. :)
In general, it helps to think of corporate bullshit as an emergent property of the organization, rather than as the personal failing of your immediate supervisor. Bullshit comes from constrained resources, limited timelines, and constant pressure. That's not to say there's no such thing as a bad boss. Most bosses are probably not great at being bosses (cf., the Peter Principle). But life is much easier when you give your boss the benefit of the doubt (to a point), and assume there's some shit way beyond his or her control. If you're unable to make this emotional compromise, your life's going to be pretty miserable for the next 40 years -- regardless of how high you climb, or what line of work you're in. Big-picture perspective is a valuable business skill. Maybe one of the most valuable.