It says that the video is no longer available. I'm going to take a guess and assume that it is another out of context video. He made that statement
after calling the queen old by saying she visted in 1776.
Please note that he was talking about the bicentennial, so 1776 has NOTHING to do with the illuminati in this slip-up.
edit - weird, the video works for me now. I see that it wasn't taken out of context, (The part in question at least, I didn't look at the rest.) so
I don't see how anyone could mistake what happened there. It's obvious that he was just joking about his stupidity.
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