Famous Russian chess player, Kasparov, thinks that "Obama makes Jimmy Carter look like Winston Churchill". If you look at this from such perspective then things are really, REALLY bad for us. Please remember that even Churchill was not able to stop Roosevelt from selling Easter Europe out. Today, Obama is doing that himself while pretending that he is soooo much against giving Crimea to Russia.
If you take a closer look at what European leaders are saying you will see that many of them think so too. There is a small hope that somehow Obama will be forced to act to punish Russia but I am not convinced.
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