Prof J Farrell has been doing a lot of research and writing about where the 'black budgets' are being spent, and here is his Christmas special revealing some answers to his previously rhetorical questions:
This new 'black' technology goes to explain a lot of the UFO sightings over the last few decades. Unfortunately he thinks that the 'financial élite's are not losing at all, but that they are busy creating a global consensus to work together to explore (read exploit!) space - mining asteroids, mineral rights on the moon, etc.
Makes your heart sink just at the thought of it.
Here's Part Two: