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Bank, as you described it, the kremlin bank, can you help me understand what the material effect will be for senior russian officials who've been using that bank? this is obviously not a broad international action. it's an american action. will they feel it? >> well, first of all, european banks will be effected by the fact these banks cannot now deal with dollars. transactions in dollars. generally in other cases the european banks have followed our lead of these kinds of sanctions. they'll still be able to maneuver, but i think they will have an effect on these leaders, and i think more than...

Strategy, because i believe this is a longer term challenge. >> on the specific issue of that bank, as you described it, the kremlin bank, can you help me understand what the material effect will be for senior russian officials who've been using that bank? this is obviously not a broad international action. it's an american action. will they feel it? >> well, first of all, european banks will be effected by the fact these banks cannot now deal with dollars. transactions in dollars. generally in other cases the european banks have followed our lead of these kinds of sanctions. they'll still be ...

Strategy, because i believe this is a longer term challenge. >> on the specific issue of that bank, as you described it, the kremlin bank, can you help me understand what the material effect will be for senior russian officials who've been using that bank? this is obviously not a broad international action. it's an american action. will they feel it? >> well, first of all, european banks will be effected by the fact these banks cannot now deal with dollars. transactions in dollars. generally in other cases the european banks have followed our lead of these kinds of sanctions. they'll still be ...

Person out to tear that person up. does that cross a line in your mind, that language? >> combined with the fact that people come to guns with rallies. >> sean: no, the words if they bring a knife we buy a gun. you hear that at a tea party is it inappropriate? >> i think it is within the bounds. >> sean: barack obama said it. i'm only trying to make a point. >> that has been used by others. >> sean: because i think there's a double standard. i think the media is falling into this trap. they want to fall to this -- they want to create a caricature. just like they've attacked fox news. every hos...

Person out to tear that person up. does that cross a line in your mind, that language? >> combined with the fact that people come to guns with rallies. >> sean: no, the words if they bring a knife we buy a gun. you hear that at a tea party is it inappropriate? >> i think it is within the bounds. >> sean: barack obama said it. i'm only trying to make a point. >> that has been used by others. >> sean: because i think there's a double standard. i think the media is falling into this trap. they want to fall to this -- they want to create a caricature. just like they've attacked fox news. every hos...