Pulpit authority scriptural or not?

In my last post called 1 Timothy 2, authority and the magical pulpit, I was waiting for someone to bring up Hebrew 13:17. Since no one brought up this verse in the comments, but I did receive an email that asked me to respond to how this scripture fits in with my last post, I thought my response should make a separate post of its own.
Let’s first take a look at Hebrews 13:17 in the NIV, the version which was quoted to me:
Obey your leaders and submit to their authority. They keep watch over you as men who must give an account. Obey them so that their work will be a joy, not a burden, for that would be of no advantage to you.
Does this passage teach that the Christian leaders have authority over the sheep? Let’s have a look at this passage in a more literal translation:
Hebrews 13:17 (LITV) Yield to those taking the lead of you, and submit, for they watch for your souls, giving an account, that they may do this with joy, and not with grieving; for this would be unprofitable to you.
The first thing that we can notice about a literal reading of the passage is that the word “authority” is missing in the Greek. Now let’s go through this passage piece by piece to pull out the intended meaning. …