Why not just give Texas back to Mexico? On the plus side I see:
[ul]
[li]We get rid of Texans.[/li][li]No more listening to those boring lecturers when someone explains he’s a Texican, etc.[/li][li]Those annoying “Don’t mess with Texas” bumper stickers become No coja con Tejas.[/li][li]Mexico gets a football football team.[/li][li]The Mexicans would be the Cowboys and the Americans would be the Redskins, which would drive the politically correct crowd batshit.[/li][li]All those folks still sore about the Mexican-American War would have to put up or shut up.[/li][/ul]
On the down side:
Can’t think of anything.
I think it’s a terrible idea; about as bad as Shaq trying to act.
Smile when you say that, pardner.
I got the impression (from nearly marrying one) that Texas was only begrudgingly a member of the union.
If we let them be thier own nation, and annex Canada, we wouldn’t even have to make a new flag! 
Born American
Texan by the grace of God
Several of my aunts would have to make a decision: become (gasp and horror!) Mexicans or become (don’t say it in front of the children!) Yankees.
Presented with a choice like that, I think their heads would explode.
So I vote yes.
Satisfying Andy Licious, I’m gonna pretend you didn’t say that.
Pravnik, the posse meets at sundown…
Howzabout we keep Texas and give Dubya to Mexico?
In addition to the fine points made in the OP, we’d also gain the following:
Anne Nicole Smith would become an embarassment to Mexico instead of the United States.
The Alamo would be torn down and the lot it occupies in downtwon San Antonio could be developed into office space.
Formation of alternative mariacahi scene in Austin would revitalize dying musical genre.
Iraqi invasion would have been a lot more sporting if Bush was president of Mexico.
Lone Star would become an exotic imported beer.
Ringo would have to once again change his username to El Ringo. Irishman would become El Hombre Irlandes.
Jennifer Love Hewitt would be forced to marry me in order to retain her green card.
You’ll need 12 more stars after that annexation, even after you lose Texas. Unless you expect to import Canada as one big state and cause extreme geographical inferiority among the other states? 
Let Mexico take it if they want it. They got California.
First of all, the U.S. can’t give back what they didn’t take. Texas was an independent republic when when we (stupidly, I admit) allowed the U.S. to annex us.
I would be happy if we were on our own again, but some years ago we tried to leave with some of our friends and the Yankees started one heck of a ruckus over it.
Here’s the move that should be made here:
Texas goes to Mexico and Maine goes to Canada. (Well, and maybe the U.P. of Michigan. And North Dakota.)
Manitoba has enough problems.
Love you too, babe.
There was a recent article (I can’t find a cite right now) that suggested that the North (USA) would have been / would still be better off if they had allowed the South (Confederacy) to secede from the country.
It gave various statistics showing that the USA (North-only) would immediately jump up several levels in average educational level, percentage of people in poverty, average life expectancy, etc.
And we would be rid of most recent Presidents – Bill Clinton, Jimmy Carter, both Bushes – that should please people of either political party!
So, Yes, let’s give Texas back to Mexico. Along with the rest of the south, as ‘rent’ for using Texas for 100+ years.
TVGuy, for good measure, throw Alaska and Louisiana in the bag and sell them back to Russia and France.
JayElle, ah’m fixin’ to bring the rope, you bring the whiskey, awright?
We can take the UP, as long as we can take Minnesota and Wisconsin too.
Lake Superior totally in Canada would rock.
Yeah, and in a couple of years we move the capital to Houston, and take over your ass once again. What’s the benefit? Frankly, I like the idea.
The above was directed not at Little Nemo; rather the OP.