BY STEVE HOLLAND AND ALESSANDRA PRENTICE
WASHINGTON (Reuters) – President Barack Obama warned Russia on Friday that military intervention in Ukraine would lead to “costs,” as tension with old foe President Vladimir Putin rose in a Cold War-style crisis.
“We are now deeply concerned by reports of military movements taken by the Russian Federation inside of Ukraine,” he told reporters.
Obama and European leaders would consider skipping a G8 summit this summer in the Russian city of Sochi if Moscow intervenes militarily in Ukraine, a senior U.S. official said. The G8 includes the world’s seven leading industrial nations and Russia.
“The United States will stand with the international community in affirming that there will be costs for any military intervention in Ukraine,” Obama said in the White House briefing room.[…]
So after downsizing our military to point he doesn’t even have a decent saber to rattle, Obama’s going to threaten to boycott the G-8 and what? Maybe suggest economic sanctions against a country that’s capable of producing everything it needs?
Oh… wait, maybe he’ll suggest a drone strike on the Kremlin
Looks to me like the Cold War has started again, and Obama has left us with a lot of catching up to do..and no money to do it with..