Though the GOP remains the “party of business” in its policies, its outreach to economic populists and neo-secessionist states rightists has created a coalition that includes groups that are openly hostile to Wall Street and other economic elites, that see the Federal Reserve, for example, as a critical node of the Jewish conspiracy. This is an idea that goes all the way back to the Fed’s founding in 1913; it was trumpeted by conspiracy theorists like Henry Ford in the 1920s and the Republican Congressman Louis McFadden in the 1930s; it even played a role in Richard M. Nixon’s thinking, though he was more of a classic paranoid than a conspiracy theorist.
The GOP’s alliance with the Christian right has brought premillennial dispensationalists into its fold—people who believe that the world is not only coming to an end, but that the sooner civil order breaks down, the sooner Jesus will return. Dominionists like Ted Cruz’s father, who believe that the U.S. government should be run on a biblical basis, are increasingly prominent in the GOP. As believers in the “substance of things hoped for, the evidence of things not seen” (Hebrews 11), it’s not surprising that fundamentalists would be especially susceptible to conspiracy theories.
For more, go to The Washington Spectator.