To some extent, I disagree. I personally have labeled his allegations a conspiracy theory because they are allegations of a conspiracy, not because he has failed to substantiate these allegations with evidence. (He has failed to do so, but that's not what makes it a CT.)
Again, the allegation that the Nixon administration conspired to cover up the break in and planting of bugs is a conspiracy theory that was well substantiated by evidence.
The allegations 16.5 has made here are of a much more serious conspiracy. He said explicitly that the Obama administration overtly lied to deflect responsibility for the deaths at Benghazi. As I've pointed out, if it were true, this is a conspiracy to commit treason.
This thread has not produced any discussion of policy, and only a brief discussion of political ramifications of the bogus scandal.
Otherwise, it's been typical CT stuff--who said what when, who knew what when, etc. It's also typical of incredible CTs (like the 9/11 Truther CT) in that it's been characterized by unwillingness to make or stand behind any clear allegations*, lots of JAQing off and insinuations, and simply repeating known falsehoods.
*The reason I keep returning to the assertion made by 16.5 (and Newton's Bit) that the Obama administration overtly lied to deflect responsibility for the Benghazi deaths.