What I mean to say is that Wikipedia's system is one that does not/will not give article editors credit for original content; it treats them as just collectors and explainers of original content. When the explainers start writing stuff that has no source, they then disappear and leave Wikipedia holding the content which is now unverifiable. And that's just not how Jimmy wanted it to work I guess.
When I look at it that way, the policy doesn't seem that ridiculous. It may be inconvenient, but that's like saying a stack data structure is inconvenient because you can't remove things from the bottom. It's just the way it is; it has advantages and disadvantages.