TBAR: The Economics Project, Economic Warfare and the Texas 4x4

Texas needs an Economics Project to help it become a world power. If Texas is going to be a world class power, we need our own Texas Council of Economic Advisers, after the fashion of the President's Council of Economic Advisers. The economists advising the office of the President of the United States are unreliable, look at what a mess the economy has become. If the federal government cannot protect the American people from economic warfare, then the individual states need to step into the breach and provide the protection the federal government cannot provide.

There is no doubt in my mind that we are in an economic war. Today people think war is always ideologically based, like the Jihadis and the Communists. Historically, massive theft is one of the root causes of war. The Romans would conquer a people for the spoils of war (see book 1 of The Early History of Rome by Livy). Loot has always been one of the benefits of war.

Americans have now suffered the most massive theft in world history. Walter Lippmann referred to the hidden swindles of business as the "invisible environment." We have been warred upon by an invisible enemy. Who paid Bill Clinton, Robert Rubin, and Phil Gramm (the Gramm-Leach-Bliley Act) to change our laws so we could be robbed more effectively? Whoever was their Financial Puppet Master, pulling their strings, has waged war upon America and the entire world community.

The Financial Puppet Masters are out of control. In their unbridled avarice they have brought the world to the brink of financial collapse. The threat of collapse is serious enough that intelligence agencies are beginning to talk about it, as evidenced in the New York Times article, "Unemployment Surges Around the World, Threatening Stability" by Nelson D. Schwartz, page 1 of the Sunday February 15, 2009 edition:

"Just last week, the new United States director of national intelligence, Dennis C. Blair, told Congress that instability caused by the global economic crisis had become the biggest security threat facing the United States, outpacing terrorism."

Texas must focus on Economics and Finance to survive a difficult future. After the Russians launched Sputnik in 1957, the U.S. government went nuts. We were then in a Space Race and science and technology became important for national defense. The federal government had funded electronics and computers since World War II and the U.S. economy benefited from these industries.

Now the American economy is crippled from our country's ignorance of Finance and Economics. I have seen one Congressman on C-Span say he did not understand economics, so he had to rely on Secretary of the Treasury Henry Paulson to tell him what to do. For a Congressman to admit unquestioning obedience to a political lackey like Paulson is heinous.

Economics and Finance will be crucial for our nation's survival in the 21st century, as Science was vital in the 20th century. Economics and Finance will replace Science and Technology in importance.

Economics is the new science. Finance is the new technology. The sooner Texas realizes the paradigm shift, the sooner our children will be on track to survival.

Economics is taught in the Social Science department in Plano Senior High School and it is an elective. The Texas 4x4 graduation requirements passed by the Texas State Legislature forces our children to take out-dated course work in Math and Science at the expense of the course work in Economics and Business that is needed for the future. Shooting ourselves in the foot like this is a perfect example of the Leadership Crisis facing all America.

Texas needs to repeal the disastrous 4x4 graduation requirements and allow our students to study Economics and Finance.

For our children's survival Texas needs to become a world power. Texas needs an Economics Project to become a world power and give our children a chance for a good life.

Robert Canright

Here are more articles related to the Texas Ascendant Economics Project:
The Texas Economics Project, Part 2 Saturday, February 21, 2009
See also
The Billionaire Project and the Texas 4x4 Saturday, February 7, 2009
Economic Growth Without Population Increase Sunday, April 8, 2012