* "Looted art stolen by the Nazis" is the latest scheme and busily exploited extortion racket by the Holocausters. At a conference two years ago in Washington, ". . . 44 countries endorsed guidelines intended to push nations, museums, galleries and individuals to re-examine collections and archives in an unprecedented search for the lost assets of Holocaust victims." What people are not being told is that much of this art was "acquired" for a penny and a sneeze after World War I when Germany was forced on its knees due to a virulent inflation policy brought on by the banking concerns. Many Jews bought up whole blocks of furnished property with hard foreign money, sent to them by their brethren overseas, as described in Nahum Goldman's memoirs. We might point out that no one has ever called together a conference to track down the artifacts looted from the German castles, art museums, libraries and private collections after World War II, some of which surfaced recently in the possession of the Albright-Korbel family.