Well, they seem to just be making everything up. At least a respectable conspiracy has real data. It's fun to watch people twist real data into things you never thought possible. My favorite is "Spacehip Moon.'"
Here they are just saying stuff using no actual data to attempt to back them up. The kicker is the "Sylphs." When you start to throw in stuff straight out of fantasy, not Scifi, your theory kinda gets washed away immediately.