Why does premiere perform so badly when it shouldn't? In this screenshot you can see it using 20 gigs of ram, without using any gpu or cpu, while the render window being open for 5 minutes without any progress. Gpu cuda setting is enabled, 3 gigs are allowed for the rest of the computer. There are 27 free gigs that premiere could be using but refuses to use, the cpu is mostly idling. It's frozen. for no reason at all. It just freezes and sits on its ass.
I managed to edit the first half of my footage, but when working with the second half, I can't even play the preview playback thing. I press play and nothing even happens. 

Right now I am trying to export what I have edited and maybe use a different program to finish editing, or maybe export it into a file and import it back as a single file, however when I try yo export it just sits at encoding sequence 01 at 0% doing absolutely nothing.
Not sure if this was meant as rhetorical or not, but ..

I think your problem is the WMV. Premiere never works well with it. I don't know if its the way its encoded or what. Can you not capture in something more universal?

It looks like you're making minecraft videos, try using fraps or something that captures in avi or mp4. Those would probably give you better performance also if youre greenscreening, its better to used an uncompressed format.

Your video card could be an expensive, awesome gaming card but still not adobe-certified for gpu acceleration. Using one that is can help with this issue.

https://helpx.adobe.com/premiere-pro/system-requirements.html

Alex