modest drag on russia's economy. putin was able to hold on to crimea and learned how to further insulate russia from financial penalties. so what will these new sanctions mean this time around? i want to bring in the former u.s. director of national intelligence under then-president obama, james clapper. general clapper, thanks so much for joining us. i know there's a lot of uncertainty over how this moment will unfold, but do you believe the sanctions imposed today by the u.s. and western europe will impact putin's calculations? >> well, not right away, wolf. one of the frustrations that people have with the imposition of sanctions is it doesn't result in instant gratification. what you're looking for when you impose sanctions is a change in behavior, and we're not going to see that, at least right away. the other thing is, of course, the administration is trying to parse out sanctions in