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Himself, further hurt his economy, further diminish russian influence in the world or do the right thing? >> the u.s. and european union are expected to announce new sanctions against russia shortly, including asset freezes and travel bans. on sunday president obama spoke with vladimir putin by phone and warned him russia will pay for their actions. but the white house is still playing catch-up, listen. >> the united states of america has to have a fundamental reassessment of our relationship with vladimir putin. no reset buttons. treat him for what he is. >> the fear now is crimea may be put ...

Vladimir putin. no more reset buttons, no more tell vladimir i'll be more flexible. treat him for what he is. that does not mean re-ignition of the cold war, but it does mean treating him in the way that we understand an individual who believes in restoring the old russian empire. >> practically speaking how do you treat him? >> well, i think economic sanctions are a very important step. identify these cleptocrats. russia is a gas station massacre aiding as a country. its cleptocracy, it is a nation that's really only dependent upon oil and gas for their economy. and so economic sanctions are ...

Scrambling to put those pieces together. and it may take years. i saw one estimate today, 2017 before they're fully operational. is that an implicit admission that he made a huge mistake? >> i think it is. and i guess i'd say better late than never. these particular missiles were scheduled during the bush administration to be deployed in 2009. but as part of the obama administration effort, basically, to tank our national missile defense program, they were put off, even in 2009 north korea exploded a second nuclear device. so, it's a step in the right direction. it's too late, but it's still a...