It seems broadly coherent to me. They think only they should be trusted with power, presumably because they trust themselves and don't trust other people. Of course the same is probably also true for everybody who isn't them. Nobody could be trusted with the immense responsibility of Emperor of Earth, except myself of course.

I'm not saying this is a good or reassuring stance, just that it's coherent. It tracks with what history and experience says to expect from power hungry people. Trusting themselves with the kind of power that they think nobody else should be trusted with.

Are they power hungry? Of course they are, openly so. They're in open competition with several other parties and are trying to win the biggest slice of the pie. That pie is not just money, it's power too. They want it, quite evidently since they've set out to get it, and all their competitors want it too, and they all want it at the exclusion of the others.