jhine: A rough outline of it's policies seem to be Republican heroes battling the Democrat satan worshipping, paedophile , cannibals .
That doesn't sound far from my understanding of it. I think it's partially a mash-up of several conspiracy theories. Get enough conspiracy nuts in one place, and they start bouncing ideas off of one another and before long, you've got threads connecting everything that ever happened in human history and laying it at the feet of some powerful group or other. I had a friend who followed that stuff (still does, to some degree) and it's impossible to figure out.
One story was that a local pizza shop in Washington DC had a basement dungeon where kidnapped children were tortured and sacrificed to Satan so that the liberal elites could... extend their lives? Make more money? I'm not quite sure what the goal was. Slight problem with the whole idea-- the pizza shop in question doesn't have a basement. This doesn't slow the nuts down: they just claim that the denials are proof of the existence of the basement and of its use for devil-worship.
Another story was that President Trump was working with the US Marines to unravel this demonic cabal and issue mass arrest orders for a large number of politicians and congress people. When Hillary Clinton was seen wearing a small cast on her foot, they claimed that this was actually a new form of electronic monitor and that it showed that she had already been quietly arraigned. When Arizona senator John McCain passed away, it was supposed to have been a hit designed to remove him, apparently at Trump's orders.
How did my friend know all of this? Some fellow named "Q" was posting these messages to an internet message board. The inference was that he was very close to the President and seeing all of this firsthand. "Q" would post confusing and (supposedly) coded messages that would be 'deciphered' after any notable event occurred, making it seem as if he'd known what was happening all along. It was sort of like Nostradamus's work: you could interpret the rambling however you needed to, in order to reinforce the idea that he was an insider, sharing critical information with 'real patriots.'
It died down a bit when a few of the expected outcomes (including the mass arrests of Hillary and pals) never materialized. But enough nuts are still working to interpret the signs and figure out what those devil-loving child killers are going to do next. I no longer get updates from that fellow, and its just as well. I think even he felt betrayed after being led to expect something big over and over and having nothing come of it. Kind of like being a JW during the Rutherford years.