I sure wish America could wag its finger at Russia’s Vladimir Putin and shame him into withdrawing his forces from Crimea (and, perhaps, Ukraine). Sadly, America has squandered any moral authority it once had regarding invading countries on the flimsiest of pretexts thanks to our misadventures in Iraq and Afghanistan. Thus we are now faced with the biggest foreign affairs crisis in decades with few options.

The European Union is addicted to Russian fossil fuels and will stop short of angering Russia for fear of having these fuel supplies cut. That doesn’t leave the West with many diplomatic tools.

The only way to get Russia’s attention is through the pocketbook. Perhaps Putin’s own pocketbook would be a good place to start. I’ve long suspected the new Russia is owned lock, stock, and barrel by the Russian mafia. I believe Putin is thoroughly corrupt and has long been helping himself to Russian riches. I remember watching an Al Jazeera documentary that hinted at the massive wealth Putin has been quietly amassing during his presidency.
His wealth has been rumored to be in the tens of billions, with some claiming that he may be the world’s richest man. Putin’s massive new Black Sea residence, dubbed “Putin’s Palace,” belies the image Putin has cultivated of being a man of the people.

The world needs to treat Putin as the gangster he is, and target the sources (and locations) of his wealth. Perhaps there is still time to rescue the Russian people from having their country subjugated by mobsters like Putin.