Actually there is truth in that. In the show Hogan and Co. set things up to have Schultz in charge thinking they could manipulate Schultz as easily as they did Klink. . .it was a plan that almost cost Hogan and Co. everything. Fun facts about Schultz - he was a decorated WW 1 soldier who saved the life of another soldier. After that war Schultz ran the most successful toy manufacturing business before Hitler took everything over. His business was turned into a weapon manufacturing plant.
According to many a fan theory whenever Schulz said, "I know NOTHING!" he actually knew everything. It was his way of fighting back against the people that stole his business and dragged him back into another war.
