The Crimea may not be Poland, but it really looks and sounds like the Sudetenland in 1938. Putin is even talking about defending people who speak his language just like Hitler did. The Sudetenland problem was settled by a German occupation army seizing all of Czechoslovakia. While I don't think we have much of a military option, Our Smartest President ever has to do something more than suspend preparations for the G-8 summit in Sochi. The Magnitsky Act of 2012 would allow the expansion of the list of Putin backers with frozen assets and canceled visas, just for starters. We should also be actively investigating the financial dealings of Russian government officials with an eye towards revealing embarrassing details that name names. Since personally targeted sanctions would have little effect on European economies, they would be likely to cooperate as well. Talking big and carrying a twig is just going to encourage Putin and other lesser thugs to grab whatever they want.