06/15/2009 05:12 am ET Updated May 25, 2011

Countdown's WTF Moment: Texas Secession (VIDEO)

In tonight's installment of Countdown's "WTF Moment," Olbermann takes a realistic look at what would happen if Texas actually followed through on Governor Rick Perry's threat to secede if the federal government doesn't leave Texas alone. Well, between skyrocketing taxes, loss of military protection, sports teams crumbling, massive debt burdens, and the coming political crisis in 2020 (when the projected population of Texas will be 45 percent Hispanic and 38 percent Anglo, and the Hispanics win a ballot initiative to have the new republic join Mexico), the picture doesn't look good.