teageegeepea comments on Conspiracy Theories as Agency Fictions - LessWrong
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I'm pretty sure that McCarthy is an example of reverse stupidity. The Soviet Union had plenty of spies in America, just like we had spies in the Soviet Union, but my reading has mostly pointed me towards the hypothesis that McCarthy didn't have any special knowledge of who the Soviet spies were.
McCarthy was being fed info from J. Edgar Hoover, who did have access to the Venona transcripts. I don't know if he was given the identities of known spies, but he was sent after Hoover's bureaucratic rivals.