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Obviously protecting the rights of the ethnic roogs in crimea as well. >> there is a way out, but not until we recognize a reality. putin is not a thug, he's not trying to re-create the soviet union. what he is is a historic russian national leader. he's the most consequential leader of the early 21st century. he believes rightly or wrongly that he has a mission, mandated by history, to take russia which collapsed in 1991 and had collapsed in 1917 and restore its greatness at home, whatever that means and that includes securing its traditional zones of security. that means ukraine. putin said ...

Split developing between chancellor merkel and the president of the united states when it comes to what to do between russia and ukraine. >> we have to see how this plays out. but professor kohn is right. merkel does have the closest relationship and intricate business with russia, so she's a very big player. look, i don't know. i just wonder whether professor kohn thinks putin has overreacted. whether in the playground with kids, whether in school or in the military, there are rules of engagement. russia has signed up to protecting the territory integrity of ukraine. it was done under the bud...

Ukraine. trying to figure out how you occupy all of eastern ukraine over the long run, you know, where you stop, what you do with your gas pipeline, i think all of these issues are really difficult ones for him that present him with a lot of difficulties and, of course, today both the russian stock market voted against putin and he does have to be concerned to some degree about the long-term economic consequences. >> you know, jim, the whole country of ukraine is pretty divided and i want you to explain to our viewers how that unfolds here is 75% that speak russian. all over 50%. once you get ...

Uns have been trying to pull ukraine away from russia at a time when their natural gas in oil comes from russia. they are deeply in debt to the russians. crimea is, in fact, a russian naval base, it goes back 300 years as russian territory. and i think putin sent a lot of signals that he was going to do something sooner or later. i worry about this both in terms of crimea and what happens to ukraine but also in terms of what lessons does he learn about dealing with members of nato on the northern russian flank and it's very important that putin understands there are consequences to this kind o...