There's nothing wrong with psychologists as such. I think the problem is that human beings are inevitably biased (some more than others) - and there's a common misconception that more reading must mean a closer relationship with the truth.
A rule of thumb about people with degrees (claimed or real) - is that the more they mention their degrees - the less secure they are, and the more you need to be sceptical about what they have to say.
But that's just my personal experience