1. Accounts are sold because the Signature Ads they can run pay more.
Yes this is true. Account are sold to newcomers to this forum, and for a fee they don't have to be branded newbies.
2. People post meaningless drivel to get paid for their Signature Ads.
I agree with you on this point. Look at the economics section, and you'll see pointless drivel posted over and over again
3. More people posting more meaningless drivel means more hits on the site.
Not necessarily, most search engines are designed to filter out spam/irrelevant content, though this site has a high pagerank.
4. More hits on the site means Theymos can rake in more income from his own site ads.
5. After taking in millions of $ worth of BTC "donations" from old timers, well, Theymos just needs to suck a little bit more out of this "community".
6. Use raised funds to pay "moderators" who help steer Bitcoin development in the direction his friends at Blockstream want/need it to go.
7. Sleep like a baby, content that you have been an excellent steward of this decentralized and trustless system.
I do not agree with you on these last points. there is nothing wrong with Theymos having millions of dollars off of Bitcoin. Your suggestion that he is using the donations and the extra money from his own ads to pay the moderators and Bitcoin developers is complete nonsense. this may be a big forum, but there is a Bitcoin community beyond this forum. Sure, the develops post here, but your accusation is just a conspiracy theory.