And interesting the timing of all of this as Putin acts shortly after Hagel announces he's dialing back our military to pre-WWII levels?
These people still haven't come to the reckoning that there is still evil in the world...and still haven't learned how to deal with it.
Personally I don't think our military levels have anything to do with Putin's decisions regarding the Ukraine, he's playing chess not checkers on this one, in other words his thinking is long term and strategic. As things stand right now he's looking to get direct control of the Crimean Peninsula and it's ports which also puts him in a position to have indirect control over the rest of Ukraine.
What's the risk for him right now? short term economic sanctions which Europe (Russia's biggest trading partner) cannot afford to stick with for very long, so he's in a position to take some short term economic pain in order to win long term strategic and geopolitical gain and at the same time he's got the opportunity to prove to the rest of the world that the U.S. is an impotent power.
IMHO Our only hope of getting him to back down is to present a scenario where the economic damage to Russia is long term and escalating and for that we need to engineer a deal with the Europeans that will allow them to stick with sanctions over the long haul. We need something that hits the Russians hard in the pocket book and keeps hitting them for years to come, so far we haven't figured out how to do it.
"
When you see a good move, look for a better one" --
Emanuel Lasker