Don't make the same mistake I did
I'm an AM at an NHM and since I started, my TM has been training me to know everything he does so I can step in when he is sick or takes a day off. I was happy to learn and I thought it was a great idea - plus, I thought it would create a good opportunity for me to move up. I was wrong. Now I do my job and the job of my TM pretty much every day. Everything he doesn't feel like doing is handed down to me - and there are a lot of things he doesn't feel like doing. He disappears for hours every day and I have to cover for him. This has reached a point where I'm considering quitting because I'm so overworked. Which su^ks, since I like this place and most of the people I work with.
I’ve been in your shoes and I know it su^ks, but I would look at it from a different angle. Being able to do the job of your boss can only be a good thing. That makes you a prime candidate to take his place. If that person is really as arrogant or as lazy as you mentioned in your post, sooner or later someone will notice that he is of no value to the company and you will probably be first in line to take over.
You've been dealt a bad hand like the other poster mentioned, but It's always important to play your cards right.Confronting that person about this issue won’t do you any good. I wouldn't take that much abuse for too long but I also wouldn’t do anything hastily. Hit the job market, see what your options are, and something will come up.
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I'm sorry that's been your experience. I'm in a similar position with my TM but he's never abused it the way your guy does. You simply got dealt a bad hand.