besides doing nothing. seven people being sanctioned? >> well, today russian president vladimir putin declared crimea independent and sovereign. this is after that referendum over the weekend. u.s. froze the assets of ukraine's ousted president and 10 russian officials. not seven, who aided the succession. and the eu did more freezing of assets. we're back with our panel. a.b., what about the response to this and where things stand. >> well, i think vladimir putin had a great day. he issued his degree decree declaring independence to crimea. he and his top officials taunted president obama on twitter about the weakness of the of the sanctions. putin knows he is the talk of the planet. we have a cease-fire whatever that means until friday, which is four days away. the eu sanctions like ours are really exit ramp material. they are offered in hope of future talks between the new government in kiev and