Bloomberg Opinion Profile picture
Sep 23, 2020 15 tweets 9 min read Read on X
It’s tempting to view QAnon’s rise as a threat to democracy – especially with a believer poised to win a seat in the House of Representatives.

But history suggests that conspiracy-based movements have been a part of America since its founding trib.al/jv8J56V
Long before the modern Republican and Democratic parties held sway, fringe movements surged, often embracing some pretty bizarre conspiracies.

Eventually, the QAnons of the past were absorbed – or alternatively, excommunicated – by mainstream parties trib.al/jv8J56V
In the 1790s, the New Englander Federalists became convinced that Illuminati members headquartered in Europe were plotting to destroy the new nation.

A strange coalition of politicians and Congregational preachers joined together to sound the alarm trib.al/jv8J56V
Some Federalist true believers argued that Thomas Jefferson was the leader of the American Illuminati and the embodiment of the Antichrist.

After Jefferson’s victory in 1800, this early movement quickly faded out – as did the Federalist Party trib.al/jv8J56V
In the 1820s, the U.S. was left with only a single major political party, the Democratic Republicans.

In this fresh wave of paranoia, a new political party was born in 1828: the Anti-Masonic Party trib.al/jv8J56V
Back then, many political elites belonged to the Freemasons.

Members pledged secrecy, and high-ranking Masons earned titles like “master” and “high priest.” This was the “Deep State” circa 1826, complete with a star defector like Q: William Morgan trib.al/jv8J56V
William Morgan, critic of the Masonic Order, was arrested and promptly disappeared. A body was never found.

As one historian wrote, “Masonic secrecy became synonymous with darkness, sin, immorality, intemperance, treason, and the work of Satan” trib.al/jv8J56V
And yet, this didn't lead to the end of the republic. Instead, the Anti-Masonic Party became politically institutionalized.

In total, 40 anti-Masons went to Congress, and many more to state legislatures. It was then largely absorbed by the Whig Party trib.al/jv8J56V
After this, an even more elaborate set of conspiracists would soon coalesce:

–– The “Order of the Star-Spangled Banner”
–– The “Know Nothings”
–– The John Birch Society trib.al/jv8J56V
In 1958, a candy magnate named Robert Welch founded the John Birch Society, a group that anticipated much of the QAnon worldview.

In his writings, Welch traced the roots of a collectivist conspiracy back to – you guessed it – the Illuminati trib.al/jv8J56V
According to Welch, Communism was but a “tool of the total conspiracy.”

Welch held that politicians were either unwitting dupes of a master plan or ruthless agents. He considered Dwight Eisenhower “a dedicated, conscious agent of the Communist conspiracy” trib.al/jv8J56V
Rank-and-file Republicans flocked to Welch’s organization. At its peak, it had:

🇺🇸At least 100,000 members
📘400 bookstores that sold Welch’s manifesto, The Blue Book, as well as the society’s other publications trib.al/jv8J56V
Republicans had an uneasy relationship to the John Birch Society.

Eventually it fell in the early 1960s, giving way to a larger rebranding of the party, which would ultimately propel Richard Nixon, and later, Ronald Regan, to the White House trib.al/jv8J56V
Forty years later, we are watching the demise of that incarnation of the Republican Party.

As the two major political parties buckle under the strain of the latest realignment, conspiratorial thinking has re-emerged with the rise of QAnon trib.al/jv8J56V
All the familiar ingredients are there:

✔️Nativism
✔️Anti-Semitism
✔️A world controlled by secretive groups who are agents of secularism and Satan himself

Can our political system tame this madness? If history is any guide, there’s reason for optimism trib.al/jv8J56V

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Bloomberg Opinion

Bloomberg Opinion Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @opinion

Apr 2
Could Trump’s tariffs raise $700 billion a year?

We did the math 🧵 Image
$700 billion is about nine times current US customs revenue, and 2.4% of the most recent estimate of US GDP.

Tariff revenue hasn’t surpassed 2% of GDP since the early 1870s, and hasn’t surpassed it on a sustained basis since the 1820s and 1830s Image
Trump often cites President McKinley’s high tariffs as an inspiration, but during McKinley’s presidency (1897 to 1901) tariffs generated less than half the share of GDP that $700 billion would amount to now Image
Read 10 tweets
Mar 18
Today, Meta is starting to roll out its own version of @X’s @CommunityNotes for Instagram, Threads and Facebook.

Will it work? Analysis of 1.1 million examples of the crowdsourced fact-checking system show it’s not stopping the spread of misinformation.

Look at the data 🧵
One of Community Notes’ main achievements is its speed in addressing misinformation. The chart below shows that it is getting faster 📈

But even with these improvements, notes typically appear after a post’s most viral stage of diffusion (after the damage is already done) Image
It’s unclear how much misinformation is on X — if it could be counted, it could be deleted.

But from X’s data, you can see that most misleading posts go unaddressed: Image
Read 10 tweets
Mar 17, 2023
📉 VCs causing the downfall of SVB
💰 Credit Suisse’s pricey lifeline
🚐 RVs predicting the future

🧵 Catch up on the week in news with @ALampietti’s round up of our must-see videos
If venture capitalists had stayed calm, would #SVB be OK today?

🎥 @kylascan has all the answers
What’s next for Credit Suisse? 🇨🇭

@PaulJDavies explains bloomberg.com/opinion/articl…
Read 6 tweets
Mar 15, 2023
Credit Suisse is in crisis.

What went wrong? So, so much.

🧵 Let’s take a look
We *just* learned that #SVB’s downfall was announcing it was raising equity without having buyers lined up, says @matt_levine.

So why would Credit Suisse’s biggest shareholder announce they would “absolutely not” put more money into the embattled bank? trib.al/aS9oy3I Image
After Saudi National Bank ruled out providing more assistance, #CreditSuisse closed down 24% at 1.697 Swiss francs per share, its lowest closing price on record trib.al/nnFD2F8 Image
Read 10 tweets
Mar 2, 2023
If health is wealth, America is dirt-poor.

The health-care crisis in the US isn’t just a tragedy for individuals. It makes it harder for the country to be productive and secure.

🧵 Let’s look at the data
The most vivid sign of the health crisis is falling life expectancy, says @adwooldridge bloomberg.com/opinion/articl…
There’s perhaps no greater metaphor for this crisis than the unhealthy discourse around Ozempic, writes @JKarl26.

A culture built on dieting is not a proper remedy for what ails us bloomberg.com/opinion/articl…
Read 8 tweets
Feb 28, 2023
📊 3 charts you need to see 📊

💰 Elon Musk is back on top
🇨🇳 Don’t panic over China’s “farm invasion”
⚡️ Putin’s invasion of Ukraine has dramatically redrawn the world’s energy map

Subscribe to Bloomberg Opinion Today for more trib.al/BNqIxPf
💰 Elon Musk is the world’s richest person again.

The billionaire has turned Tesla’s failing into winning bloomberg.com/opinion/articl…
🇨🇳 No need to panic over a “farm invasion”.

China doesn’t own nearly enough land to cause a food crisis bloomberg.com/opinion/articl…
Read 4 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

:(