It makes sense, in a very odd way. Not because Ted did anything wrong, mind you. It's just that the most dangerous "villains" are the losers who suddenly get a little bit of power and influence. You'd think that they are more sympathetic than most people, and often that's the case. But there are some really bitter twats as well, who wants revenge on society.
I've met a few Nates in my life, so the character really grinds my gears. At least the stereotypical jock spent most of his life unchallenged, so it makes sense that he lacks empathy. The same can't be said of people like Nate.