WEBVTT

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We begin tonight with the ongoing crisis in

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Ukraine.

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Tensions are high after Russia and allied troops seize

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Ukrainian military facilities in Crimea.

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Earlier this week Moscow approved a treaty enabling the

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region to join Russia.

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On Thursday President Obama announced further sanctions on

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Russian officials and financial institutions.

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This is not our preferred outcome.

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These sanctions would not only have a significant impact on the

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Russian economy but could also be disruptive to the global

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economy.

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However, Russia must know that further escalation will only

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isolate it further from the international community.

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Russian authorities announced sanctions

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on U.S. lawmakers and officials in response.

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Joining me now is Ian Bremmer, he is the president of Eurasia

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Group; and Stephen Cohen, he is a professor at New York and

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Princeton University, he's also the author of "Soviet Fates and

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Lost Alternatives: From Stalinism to the New Cold War";

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and from Washington Stephen Sestanovich, he is a professor

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at Columbia University and a senior fellow at the Council on

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Foreign Relations.

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He wrote the book, "Maximalist: America in the World from

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Truman to Obama".

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I am pleased to have each of them on this program.

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Give me a snapshot of where we are today.

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We just heard from the President and then we have the response

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from Russia.

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Well, where we are today

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is that the administration is trying to show

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that the first list of measures that it announced on Monday, a

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few rather small number of people not particularly closely

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related to Putin were given visa bans.

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Today they're trying to show they're really much more serious

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about it and they've announced a number of measures expanding

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the number of individuals who are sanctioned, giving the

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President authority to introduce new measures against targeted

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sectors of the Russian economy and looking forward to meetings

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next week in Europe where the President will be meeting with

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other members of the G7 to formulate a broader response.

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So broadly speaking this is a step forward in which the

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American government is kind of getting its act together showing

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that it -- it is taking this crisis seriously and is not

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being deflected by concerns about the economic impact to

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the global and American economies.

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It's trying to signal this is a very serious crisis.

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Where are we, Stephen?

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I fear -- actually, I think that we are

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three steps from war with Russia, two steps from a Cuban

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missile crisis.

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Those two steps and both are being discussed in Washington

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and Moscow would involve, as many advocate, moving NATO

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troops to the Polish-West Ukrainian border.

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I don't know how serious those discussions are, all NATO

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aircraft are already there and NATO is moving troops around.

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If that happens, Putin almost certainly -- almost certainly

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would move those 150,000 soldiers he was practicing a

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week ago and sent back to the barracks inside Russia into

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south and eastern Ukraine.

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That would be the Cuban missile crisis and war would be one

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step away.

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That's my snapshot.

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There's a post script.

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There is, I am 100 percent certain, a way back and out of

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this through diplomacy.

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The Russians have put a proposal forward, so far as I know, the

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Americans haven't responded.

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And what is that proposal?

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I need a piece of paper because it's

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complicated if you don't mind.

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No I don't mind.

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I thought about it coming down and this is what

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basically the Russian State Department is saying -- I mean

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the Russian foreign ministry is saying.

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Russia wants -- Putin wants.

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And in the NATO expansion to Ukraine and Georgia, he wants a

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moderate government in Kiev, kind of non-aligned government

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without these people he calls neo-fascism in government and a

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few are there in that government.

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He wants a continued Russian-Ukrainian economic

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relationship because that's vital to Russia and Ukraine.

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And he wants a federalized Ukrainian constitution because

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that would give the pro-Russian people in Ukraine some say.

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Now, let me just say briefly what he would give in return.

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That was my next question.

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Yes, I know it was.

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And you're right I mean you're going to ask about that.

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As Reagan used to say, it takes two to tango.

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But I personally can't tango.

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Putin would, in return, recognize the new Kiev

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government.

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He doesn't recognize this government.

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He won't talk to them.

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Secondly, he would pledge not to inspire more separationism in

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Ukraine because there are regions of Ukraine that wouldn't

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mind joining Russia and he, Russia, would help Ukrainian

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economy avoid the abyss on which they stand possibly by

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continuing to provide discounted natural gas.

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And do you consider that proposal by the

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Russians reasonable?

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I consider it a reasonable starting point.

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Now, we have origin but that's an offer.

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Now it's our turn to say what we think about that.

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It's going to be hard to do.

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It's going to hard to do in part, because Secretary Kerry

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already said that if the Russians proceeded with

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annexation of Crimea which the Duma has now as of today voted

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in favor of and Putin said was going to happen, that that was

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the end of diplomacy.

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So Kerry needs to walk that back.

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It's unfortunate that he said it.

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Yes.

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Speaking points from the United States have been

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all over the place.

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Kerry said that all options were on the table.

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A couple days later Obama says absolutely there will not be any

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engagement of military excursions on the ground in

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Ukraine.

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It's not going to provide support, military support for

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the Ukrainians and furthermore the Ukrainians wouldn't even

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want that.

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That's the problem.

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These sanctions are real and as of today they're real.

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And they are real in the sense they have economic impact.

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We will absolutely now see major capital flight from Russian

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oligarchs with holdings in the United States and Europe.

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They will move to other places.

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But they will not oppose Putin.

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Putin's popularity has only increased through this

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Ukrainian crisis.

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The deal that Steve is talking about being proffered certainly

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does not include any movement from Crimea.

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We have a real problem here which is that the Americans and

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the Europeans have said it's unacceptable for the Russians to

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stay in Crimea.

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For the Russians the present Ukrainian government is

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unacceptable and they are illegitimate.

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That is the chasm.

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And while I do not believe that we're actually close to war

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with the Russians because I think we have no interest in

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military escalation vis-a-vis Russia, I do believe that the

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likelihood of this becomes destabilizing is significant.

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If the Russians do certain kinds of things,

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there can be a NATO response.

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Sure but I don't see the Russians going beyond

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Ukraine.

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I do think it is possible.

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I think that the Russians find this Ukrainian government

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unacceptable, they will -- they will certainly work to overturn

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it.

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The question is whether they will do so economically and

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diplomatically as they go further.

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I was going to ask, Steve, is that a reasonable

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position to have with respect to that government since the

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President was you know overthrown, the Democratically

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elected president was overthrown in the manner that he was.

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Look, I think that there are -- there are no

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good legal arguments for the Americans on the Ukrainian

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government overthrow.

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There are no good legal arguments for the Russians on

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the Crimean referendum.

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That's not what we're really talking about here.

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What we're really talking about is that Ukraine -- Ukraine is by

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far the most important, the single most important national

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interest that the Russians have.

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A Russia that has been in decline structurally for over 20

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years, demographically, geographically, diplomatically,

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militarily, economically and they have -- they put a real red

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line, not a dotted red line, not a Syria red line -- they put

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a real red line on Crimea and Ukraine.

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Yes, I think Ian is right.

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We're not on the brink of war, but we are at a very dangerous

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moment, arguably the most dangerous moment since the end

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of the Cold War, because the Russians have begun to

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dismantle their biggest neighbor and that is a drastic step that

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has alarmed all European governments and makes it

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extremely hard to consider real diplomacy with President Putin,

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whatever you think of his proposal.

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Putin has kind of cast himself as an international outlaw and

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that makes it very, very difficult to just sit down at

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the table calmly and look at individual proposals.

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Broadly speaking about their proposal, the big problem is

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understanding whether or not what the Russian aim is, is to

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be able to dictate the composition of Ukraine's

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government, the structure of Ukraine and its foreign policy.

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And a lot of the things -- you know, the devil is always in

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the details in diplomacy of this kind -- but a lot of the

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specific provisions of Putin's proposal are extremely

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far-reaching.

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They're not really just a federalization of Ukraine which

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sounds sort of innocuous, they come very close to the breakup

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of Ukraine.

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And that combined with fears about what Putin is really

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after, given what he's done this week, is going to make it

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extremely difficult to people -- for people to sit around the

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table and to talk calmly about this.

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Yes it seems to me that's an interesting point

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to me.

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One having listened to a lots of people here at this table

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over the last few weeks on this.

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I mean is it possible because as you suggested of his economic

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well-being not his but the country's economic well-being

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that effective sanctions will influence him and call him --

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cause him to either stop or pull back?

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Sadly, I don't think so.

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And I think this is a misjudgment on the part of the

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United States.

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I think that there are no reasonable sanctions that are

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feasible for the Americans and the Europeans.

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Achievable or feasible.

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No achievable, that we can't get there, to put

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the kind of pain on the Russians that would make them

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move.

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To make it -- because the interests are asymmetric, the

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level of importance of Ukraine to Putin is too great.

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Putin gave a speech this week to the upper house of the

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parliament and it was seen as a historic speech all over Russia.

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It's a speech that I would say a strong majority of Russians

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have been waiting for a leader to give for 20 years now.

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The belief that the United States does not have Russia's

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interests at heart, is willing to undermine, is willing to

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demonstrate and you finally have a leader who's

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willing to stand up and say absolutely no more.

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His popularity has only shot up since this Ukraine crisis has

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started in the last two weeks.

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You like Putin or not, you have been saying

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that for ten years.

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Twenty.

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Twenty, right.

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I think you can't get out of a bad place

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unless you know how you got in.

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I have been arguing since the 90s that the constant expansion

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of NATO toward Russia's borders which began under Clinton and is

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now in the Baltics on Russia's borders was going to eventually

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lead to something like this.

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Ian pointed out something very important and I think every

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American interested ought to read Putin's speech, it's easily

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available in English and you can disagree with it but it

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tells you where he's coming from.

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Putin used the expression "Red Line," and he has two red lines,

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one is Georgia and one is Ukraine for geopolitical and

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historical reasons.

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We crossed the red line in Georgia in 2008 and there was a

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small war.

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He believes -- now, he may be wrong about this -- but he sees

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in this whole thing NATO coming to Ukraine and he believes we've

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crossed a red line and what you got is what you got.

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Now, Steve's position -- Steve Sestanovich's position, I

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understand, but if we were to deconstruct each thing Steve

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said, that means that either Putin withdraws from Crimea,

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kicks it out of the Russian federation or there are no

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negotiations.

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And I maintain if there's no negotiations, with all the

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tales in Ukraine provocations every day, snipers, we don't

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know who they are all the tails wagging the dog, we could get to

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war.

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We have to begin negotiations and it doesn't begin with Putin.

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After what he did this week, saying, OK, never mind, I send

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Crimea back to Ukraine.

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Steve?

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I agree that getting Crimea's status

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changed is not the primary focus of policy right now and

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sanctions are not going to do it for exactly the reason that Ian

265
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mentioned.

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The sanctions are really meant to symbolize Western alarm.

267
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But Steve is right, also, that we need to know how we got into

268
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this crisis.

269
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How we got into it is that Putin had a strategy for

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bringing Ukraine into his orbit and it blew up in his face

271
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because it couldn't be sustained in Ukraine itself.

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He sought an economic subordination of Ukraine to

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Russia and the only way in which he thought you could

274
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control the popular response there was by a bloody crackdown

275
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which brought down his agent, President Yanukovych.

276
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Yanukovych was ousted by unanimous vote of the entire

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Ukrainian parliament including every single member at his

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party.

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It's a pretty legitimate government, actually.

280
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And I think the problem we have now is not so much how to

281
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reverse Crimea's status, just as in most of the Cold War -- it

282
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wasn't about changing Bulgaria's status.

283
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The real issue is how to make Ukraine succeed rather than have

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it dismembered by Russia.

285
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And that's going to take a very ambitious and creative policy on

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the part of the West.

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I mean the idea I assume that you're talking

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about is that Ukraine would have its relationship with

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Russia but also would be allowed to have a relationship with the

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E.U.

291
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Absolutely.

292
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You know, if it could achieve that two things,

293
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it would benefit everybody.

294
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Sure.

295
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And the new government in Kiev is talking exactly that line.

296
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This week, Prime Minister Yatsenyuk said a number of very

297
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important things about the future course he sees.

298
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He said, NATO membership, not at all on the agenda, because

299
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that's a very divisive issue in Ukraine.

300
00:14:23.000 --> 00:14:26.234
He also said the E.U.

301
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is opening its market to us and without any invidious measures

302
00:14:30.300 --> 00:14:33.767
that might be harmful to eastern Ukraine, to the Russian

303
00:14:33.767 --> 00:14:38.267
economy, they are -- the new government is trying to find a

304
00:14:38.267 --> 00:14:41.567
way to unify the country, to put it -- put the economy back

305
00:14:41.567 --> 00:14:45.634
on its feet to unite the society at a time when the

306
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Russians are doing everything to create social tension.

307
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And I think there's just no way to describe Russian policy as

308
00:14:54.634 --> 00:14:58.868
other than terribly threatening to the post-Cold War order.

309
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And I think the Ukrainian government is, by contrast,

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acting much more calmly, responsively to try to keep the

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peace.

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I'll go to you point, but just one quick thing

313
00:15:13.667 --> 00:15:15.801
here.

314
00:15:15.801 --> 00:15:21.033
Do you believe Steve that Putin believes that the demonstrations

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00:15:21.033 --> 00:15:24.734
leading to the overthrow of Yanukovych who was aided and

316
00:15:24.734 --> 00:15:26.434
abetted by the United States?

317
00:15:26.434 --> 00:15:28.434
I don't know but here's what he does believe.

318
00:15:28.434 --> 00:15:33.067
That on February 21, the European Union Foreign Ministers

319
00:15:33.067 --> 00:15:36.501
signed an agreement with Yanukovych that would have kept

320
00:15:36.501 --> 00:15:40.200
him in office until elections in December, gotten the protesters

321
00:15:40.200 --> 00:15:43.367
off the street and brought the process of some kind of

322
00:15:43.367 --> 00:15:44.734
reconciliation.

323
00:15:44.734 --> 00:15:49.067
That document, which Russia didn't sign but signed off of

324
00:15:49.067 --> 00:15:52.067
-- I mean it agreed with it -- was dead in the water twelve

325
00:15:52.067 --> 00:15:53.067
hours later.

326
00:15:53.067 --> 00:15:56.133
And he feels the fact that the United States and the European

327
00:15:56.133 --> 00:16:01.133
Union did nothing to enforce that document which led to the--

328
00:16:01.133 --> 00:16:03.133
Yes. And --

329
00:16:03.133 --> 00:16:05.133
-- indicates our complicity at some level.

330
00:16:05.133 --> 00:16:07.133
Yes and also is indicative some say a failure of

331
00:16:07.133 --> 00:16:09.400
American foreign policy not to see that opportunity.

332
00:16:09.400 --> 00:16:12.000
I mean here's the problem though, I mean the

333
00:16:12.000 --> 00:16:14.801
distance between -- I don't want to implicate Ian, he speaks

334
00:16:14.801 --> 00:16:17.267
eloquently for himself, so I'll just say the distance between

335
00:16:17.267 --> 00:16:18.501
your two Steves.

336
00:16:18.501 --> 00:16:19.501
Yes.

337
00:16:19.501 --> 00:16:21.501
Is the difference between, I think, war

338
00:16:21.501 --> 00:16:23.033
and peace.

339
00:16:23.033 --> 00:16:26.400
In Steve Sestanovich's mind, it's Russia and Putin who are

340
00:16:26.400 --> 00:16:28.868
responsible for this terrible mess from the get to the go.

341
00:16:28.868 --> 00:16:32.734
And I ask you a question all of us at the table.

342
00:16:32.734 --> 00:16:35.033
I mean I was raised in Kentucky and they taught us at school

343
00:16:35.033 --> 00:16:39.267
there are two sides to every story -- is there anything true

344
00:16:39.267 --> 00:16:42.334
and legitimate that the Russians have said or done in this

345
00:16:42.334 --> 00:16:44.901
crisis including what Putin said in that speech?

346
00:16:44.901 --> 00:16:48.234
If so, if there is only that much that's true, that's where

347
00:16:48.234 --> 00:16:50.501
you begin to negotiate.

348
00:16:50.501 --> 00:16:55.234
But Steve Sestanovich doesn't have a word of legitimacy for

349
00:16:55.234 --> 00:16:57.234
anything that comes from Russia.

350
00:16:57.234 --> 00:16:59.801
One last word, Henry Kissinger wrote, in the "Washington Post"

351
00:16:59.801 --> 00:17:00.801
March 3rd I think.

352
00:17:00.801 --> 00:17:02.801
He was on the show for 45 minutes.

353
00:17:02.801 --> 00:17:04.801
Well I hope he said it.

354
00:17:04.801 --> 00:17:07.000
It's one of the great things he ever said, "Demonization of

355
00:17:07.000 --> 00:17:11.367
Putin is not a policy, it's an alibi for not having a policy."

356
00:17:11.367 --> 00:17:13.534
He said it on the program.

357
00:17:13.534 --> 00:17:15.534
Good.

358
00:17:15.534 --> 00:17:17.534
Steve, you want to respond to that and then I'll

359
00:17:17.534 --> 00:17:21.400
come back to how -- how you see Putin and how Steve Cohen thinks

360
00:17:21.400 --> 00:17:23.567
you see Putin.

361
00:17:23.567 --> 00:17:26.400
Well, I don't think I should be the

362
00:17:26.400 --> 00:17:28.567
subject of this discussion.

363
00:17:28.567 --> 00:17:32.133
Yes I know but I didn't make it.

364
00:17:32.133 --> 00:17:34.634
I'm happier to make -- I'm happier

365
00:17:34.634 --> 00:17:37.467
to make Putin the subject of the conversation.

366
00:17:37.467 --> 00:17:41.000
I think Putin had every opportunity to respond to the

367
00:17:41.000 --> 00:17:45.133
change of government in Ukraine in a way that kept passions

368
00:17:45.133 --> 00:17:50.067
calm that created an opportunity for multiple interests to be

369
00:17:50.067 --> 00:17:52.968
served and to avoid a crisis.

370
00:17:52.968 --> 00:17:57.367
And without demonizing him, I think you can say that every

371
00:17:57.367 --> 00:18:01.868
step of the way since then, his actions have escalated the

372
00:18:01.868 --> 00:18:06.267
crisis, have created anxieties both within Russia and within

373
00:18:06.267 --> 00:18:09.501
Ukraine and within -- among Ukraine's neighbors and

374
00:18:09.501 --> 00:18:11.501
throughout Europe.

375
00:18:11.501 --> 00:18:16.267
The fact that he has gained some popularity at home, to my mind,

376
00:18:16.267 --> 00:18:19.934
is not a real justification for deeply irresponsible policy.

377
00:18:19.934 --> 00:18:23.934
If Steve Cohen wants to say that whipping up the Russian

378
00:18:23.934 --> 00:18:28.801
republic makes what he says true, fine, but, really, read

379
00:18:28.801 --> 00:18:31.400
the speech carefully.

380
00:18:31.400 --> 00:18:35.033
The speech is a kind of justification for a very

381
00:18:35.033 --> 00:18:39.734
far-reaching overthrow of stable arrangements that the countries

382
00:18:39.734 --> 00:18:43.868
that emerged out of the former Soviet Union have enjoyed

383
00:18:43.868 --> 00:18:47.167
amongst themselves and made it possible to keep the peace.

384
00:18:47.167 --> 00:18:49.667
Now the peace is threatened.

385
00:18:49.667 --> 00:18:52.534
But I think that is primarily the doing of one man.

386
00:18:52.534 --> 00:18:54.534
Go ahead.

387
00:18:54.534 --> 00:18:57.501
But -- but the fact is that Putin has been

388
00:18:57.501 --> 00:18:59.634
demonized through this process.

389
00:18:59.634 --> 00:19:02.133
As Stephen Cohen said, there have been things that Putin

390
00:19:02.133 --> 00:19:04.133
said.

391
00:19:04.133 --> 00:19:06.234
Putin has blood on his hands here, he was more than happy to

392
00:19:06.234 --> 00:19:08.767
support Yanukovych as he was cracking down in ways that

393
00:19:08.767 --> 00:19:12.100
clearly lost his legitimacy on the ground in Ukraine.

394
00:19:12.100 --> 00:19:14.300
But there was a deal that was cut with the -- with the

395
00:19:14.300 --> 00:19:16.467
European foreign ministers.

396
00:19:16.467 --> 00:19:19.033
That deal was abrogated and the Americans were very happy to

397
00:19:19.033 --> 00:19:21.868
jump on that immediately in ways that would have completely

398
00:19:21.868 --> 00:19:23.868
unacceptable to anyone in the U.S.

399
00:19:23.868 --> 00:19:25.968
administration if we had been on the other side.

400
00:19:25.968 --> 00:19:30.467
Lord knows our administrations over history have been prepared

401
00:19:30.467 --> 00:19:32.467
to accept lots of anti-Democratic things if they

402
00:19:32.467 --> 00:19:35.434
happen to benefit us or they are in our backyard are

403
00:19:35.434 --> 00:19:37.467
considered as strategic interests.

404
00:19:37.467 --> 00:19:39.467
Leaving all of that aside, what is going to happen now because

405
00:19:39.467 --> 00:19:41.467
Steve Sestanovich is right, the Russians have escalated every

406
00:19:41.467 --> 00:19:42.467
moment.

407
00:19:42.467 --> 00:19:44.467
Having said that, the Obama administration has escalated

408
00:19:44.467 --> 00:19:45.467
every moment, too.

409
00:19:45.467 --> 00:19:47.467
The fact that we -- we don't know how far they're willing to

410
00:19:47.467 --> 00:19:49.467
go doesn't mean that thus far both sides haven't given as good

411
00:19:49.467 --> 00:19:50.467
as they've gotten.

412
00:19:50.467 --> 00:19:52.467
Diplomacy right now is broken, the Obama administration put new

413
00:19:52.467 --> 00:19:54.467
-- slapped new sanctions on today and within an hour

414
00:19:54.467 --> 00:19:57.200
basically the Russians had sanctions back that were nip and

415
00:19:57.200 --> 00:19:58.200
tuck right with them.

416
00:19:58.200 --> 00:20:01.067
Furthermore the Russian foreign ministry came out yesterday and

417
00:20:01.067 --> 00:20:03.934
said they were considering and actually changing their

418
00:20:03.934 --> 00:20:07.067
engagement in the negotiations process on Iran.

419
00:20:07.067 --> 00:20:09.334
They are taking this very seriously.

420
00:20:09.334 --> 00:20:10.501
And if the U.S.

421
00:20:10.501 --> 00:20:13.334
is going to continue to ratchet up as the Russians look at

422
00:20:13.334 --> 00:20:16.067
something which they considered to be in their backyard an

423
00:20:16.067 --> 00:20:18.834
illegitimate government that they must redress and the

424
00:20:18.834 --> 00:20:20.834
escalations is going to continue.

425
00:20:20.834 --> 00:20:22.834
And we're going to have not only we're going to have economic

426
00:20:22.834 --> 00:20:25.934
pain that's going to go much farther beyond the couple of

427
00:20:25.934 --> 00:20:29.100
individual billionaires and the folks who banked them in their

428
00:20:29.100 --> 00:20:33.133
real estate this is going to have real economic impact but

429
00:20:33.133 --> 00:20:35.501
we also will have a Russia that will be geopolitically

430
00:20:35.501 --> 00:20:39.868
dangerous and destructive everywhere they happen to have

431
00:20:39.868 --> 00:20:40.868
influence.

432
00:20:40.868 --> 00:20:43.501
That's not a new Cold War because China is not involved.

433
00:20:43.501 --> 00:20:46.467
It includes Iran and Syria.

434
00:20:46.467 --> 00:20:48.467
Absolutely it does.

435
00:20:48.467 --> 00:20:50.200
China is not going to support them.

436
00:20:50.200 --> 00:20:52.467
The most important thing that gives us reason for optimism

437
00:20:52.467 --> 00:20:54.467
that this will not become a globally destructive event is

438
00:20:54.467 --> 00:20:56.467
because the Chinese decided that they don't want any part of

439
00:20:56.467 --> 00:20:58.467
this at all.

440
00:20:58.467 --> 00:21:00.467
They've abstained.

441
00:21:00.467 --> 00:21:02.634
They've said virtually nothing that you can be anything into.

442
00:21:02.634 --> 00:21:04.634
They don't want to be attached to the Russians.

443
00:21:04.634 --> 00:21:06.634
They don't want to be attached to the Americans.

444
00:21:06.634 --> 00:21:08.634
Just leave them alone and let them do what they want in Asia

445
00:21:08.634 --> 00:21:10.634
and other places.

446
00:21:10.634 --> 00:21:13.000
But -- but in terms of anywhere that Russia has influence --

447
00:21:13.000 --> 00:21:17.033
Iran, Syria around their borders and some of the

448
00:21:17.033 --> 00:21:19.133
countries that could very well be destabilized a little

449
00:21:19.133 --> 00:21:22.067
farther than that like Poland and the Balks and I think about

450
00:21:22.067 --> 00:21:24.534
northeast Estonia and all the Russians there, clearly we're

451
00:21:24.534 --> 00:21:26.567
going to have some instability.

452
00:21:26.567 --> 00:21:28.567
Do you think Steve Cohen is way too alarmist

453
00:21:28.567 --> 00:21:30.567
if in fact he suggests this could lead to war?

454
00:21:30.567 --> 00:21:34.033
Yes I do but I'm not -- I think that if you talk

455
00:21:34.033 --> 00:21:35.968
about trade war, absolutely.

456
00:21:35.968 --> 00:21:37.968
If you talk about capital flows --

457
00:21:37.968 --> 00:21:41.100
Russia is so weak, isn't it more likely to

458
00:21:41.100 --> 00:21:45.501
have a significant detrimental impact on their economy and

459
00:21:45.501 --> 00:21:48.167
pressure on them than it is here?

460
00:21:48.167 --> 00:21:51.267
Russia is weak, sure, but Russia is not ready to

461
00:21:51.267 --> 00:21:52.267
collapse.

462
00:21:52.267 --> 00:21:53.267
This is not Egypt.

463
00:21:53.267 --> 00:21:54.334
This is not Ukraine.

464
00:21:54.334 --> 00:21:55.534
They're not begging for cash.

465
00:21:55.534 --> 00:21:58.968
This was a guy that was prepared to take $15 billion and write a

466
00:21:58.968 --> 00:22:00.400
check to the Ukrainians.

467
00:22:00.400 --> 00:22:03.200
Now believe me, the Russian people, they're not doing

468
00:22:03.200 --> 00:22:06.200
incredibly well economically but there's still growth.

469
00:22:06.200 --> 00:22:09.000
The fact that they're a shadow of what they were 20 years ago

470
00:22:09.000 --> 00:22:11.267
does not mean that we can push this guy into oblivion.

471
00:22:11.267 --> 00:22:14.033
Putin is -- Putin is not going down.

472
00:22:14.033 --> 00:22:17.167
This is the same guy that was prepared to allow "Pussy Riot"

473
00:22:17.167 --> 00:22:20.701
and Khodorkovsky to be free from prison because they weren't

474
00:22:20.701 --> 00:22:22.601
a threat to him domestically.

475
00:22:22.601 --> 00:22:25.667
We should not underestimate the capabilities of someone that

476
00:22:25.667 --> 00:22:28.734
believes that we're trying to strip away his singular, most

477
00:22:28.734 --> 00:22:32.000
important asset, we should not underestimate him.

478
00:22:32.000 --> 00:22:35.000
Steve Cohen said that I most agree with, is that Americans

479
00:22:35.000 --> 00:22:38.734
need to read a speech from a world leader who actually

480
00:22:38.734 --> 00:22:41.033
fundamentally disagrees with us and doesn't sugar coat it.

481
00:22:41.033 --> 00:22:43.801
Finally Americans -- we have too many people out there that

482
00:22:43.801 --> 00:22:45.801
disagree with us and do sugar coating.

483
00:22:45.801 --> 00:22:48.033
Steve i converting when you say to read

484
00:22:48.033 --> 00:22:51.834
speeches, I mean, I think people put in speeches what they

485
00:22:51.834 --> 00:22:54.400
intend to say.

486
00:22:54.400 --> 00:22:56.367
So the war thing we can't settle here.

487
00:22:56.367 --> 00:23:00.501
We can -- I mean -- so where are we going to go?

488
00:23:00.501 --> 00:23:02.534
Well, let's try to move it ahead a little if

489
00:23:02.534 --> 00:23:03.534
plausible.

490
00:23:03.534 --> 00:23:04.534
OK.

491
00:23:04.534 --> 00:23:06.534
We have several problems.

492
00:23:06.534 --> 00:23:09.200
I agree completely with Ian that American diplomacy hasn't

493
00:23:09.200 --> 00:23:12.667
performed well and a lot of statements have been said that

494
00:23:12.667 --> 00:23:14.501
are regrettable.

495
00:23:14.501 --> 00:23:16.501
Now we have an additional problem.

496
00:23:16.501 --> 00:23:18.467
That was true in Syria, too, wasn't it?

497
00:23:18.467 --> 00:23:19.467
Yes.

498
00:23:19.467 --> 00:23:20.501
You have another problem.

499
00:23:20.501 --> 00:23:24.334
Putin personally doesn't trust President Obama.

500
00:23:24.334 --> 00:23:27.467
He thinks he's a resolute, has a short attention span and goes

501
00:23:27.467 --> 00:23:29.467
back on agreements that he makes.

502
00:23:29.467 --> 00:23:31.467
How do you know that?

503
00:23:31.467 --> 00:23:33.501
Because it's just well known in the Russian

504
00:23:33.501 --> 00:23:35.834
establishment that he feels that Obama hasn't come forward.

505
00:23:35.834 --> 00:23:37.834
But the point -- the more important point is --

506
00:23:37.834 --> 00:23:39.834
What were they doing talking on the phone all

507
00:23:39.834 --> 00:23:40.834
the time?

508
00:23:40.834 --> 00:23:41.834
God knows.

509
00:23:41.834 --> 00:23:43.934
I mean well, God knows, but they're just -- two

510
00:23:43.934 --> 00:23:45.100
hours here, an hour there.

511
00:23:45.100 --> 00:23:48.100
Maybe they're earning their salaries.

512
00:23:48.100 --> 00:23:50.100
But here's the important point, here's the

513
00:23:50.100 --> 00:23:53.167
important point and I want to shift the focus, Putin does

514
00:23:53.167 --> 00:23:56.834
trust the Chancellor of Germany, Merkel, for various reasons.

515
00:23:56.834 --> 00:24:00.701
She speaks Russian, he speaks German -- that always helps.

516
00:24:00.701 --> 00:24:02.767
She's in a very complicated position, she has a very

517
00:24:02.767 --> 00:24:06.234
difficult position, but I will say this in any negotiation that

518
00:24:06.234 --> 00:24:09.534
moves forward that Russia accepts will have to be cosigned

519
00:24:09.534 --> 00:24:11.367
by Merkel.

520
00:24:11.367 --> 00:24:13.667
In other words, he isn't going to take -- Putin is not going to

521
00:24:13.667 --> 00:24:16.534
take Kerry's word or Obama's word for this.

522
00:24:16.534 --> 00:24:20.934
He's going to say to them, have Merkel call me and tell me

523
00:24:20.934 --> 00:24:25.434
she's down with it, because she talks --

524
00:24:25.434 --> 00:24:27.434
Just as he's talking to Putin, he's reaching

525
00:24:27.434 --> 00:24:28.434
out to her all the time.

526
00:24:28.434 --> 00:24:30.601
Do you know -- do you really want to know why

527
00:24:30.601 --> 00:24:31.834
he doesn't trust Obama?

528
00:24:31.834 --> 00:24:32.834
Yes.

529
00:24:32.834 --> 00:24:34.868
OK so the Obama -- just to give you --

530
00:24:34.868 --> 00:24:36.868
He's going to give us the really reason.

531
00:24:36.868 --> 00:24:38.868
I generally ask questions because I want to know the

532
00:24:38.868 --> 00:24:39.868
answer.

533
00:24:39.868 --> 00:24:40.868
Go ahead.

534
00:24:40.868 --> 00:24:43.033
Well you know Charlie I have a friend who says

535
00:24:43.033 --> 00:24:45.033
a good question is better than a bad answer.

536
00:24:45.033 --> 00:24:47.000
I agree with that.

537
00:24:47.000 --> 00:24:49.000
And therefore you play the most essential

538
00:24:49.000 --> 00:24:50.000
role.

539
00:24:50.000 --> 00:24:51.000
I certainly say that.

540
00:24:51.000 --> 00:24:53.000
All right there are several examples but let's go to the

541
00:24:53.000 --> 00:24:54.000
one we all remember, Libya.

542
00:24:54.000 --> 00:24:55.000
Libya.

543
00:24:55.000 --> 00:24:57.000
The United States said to Russia, support

544
00:24:57.000 --> 00:24:58.000
of the United Nations, a no-fly zone over Libya so that Gadhafi

545
00:24:58.000 --> 00:25:01.801
can't take his planes up and attack the insurgents.

546
00:25:01.801 --> 00:25:04.200
Russia said, no it's just a no-fly zone.

547
00:25:04.200 --> 00:25:06.200
You're not going to bomb Gadhafi?

548
00:25:06.200 --> 00:25:09.100
No and we did and it led to his assassination.

549
00:25:09.100 --> 00:25:13.534
From that moment on, Putin never trusted anything that came out

550
00:25:13.534 --> 00:25:15.534
of the White House.

551
00:25:15.534 --> 00:25:17.534
He wasn't president and he was calling the shots.

552
00:25:17.534 --> 00:25:20.267
And that - - what he said in the speech, you remember this, we

553
00:25:20.267 --> 00:25:22.267
have been deceived and betrayed.

554
00:25:22.267 --> 00:25:23.567
He used those words right?

555
00:25:23.567 --> 00:25:24.567
Yes, yes.

556
00:25:24.567 --> 00:25:25.567
Do I lie?

557
00:25:25.567 --> 00:25:26.567
Yes.

558
00:25:26.567 --> 00:25:28.567
And the same in Russian and the same in English

559
00:25:28.567 --> 00:25:29.567
right.

560
00:25:29.567 --> 00:25:31.567
When a national leader says, we Russia have been deceived and

561
00:25:31.567 --> 00:25:33.567
betrayed by the United States several times, the least we can

562
00:25:33.567 --> 00:25:35.567
do is say what is he talking about?

563
00:25:35.567 --> 00:25:37.667
We don't deceive and betray people.

564
00:25:37.667 --> 00:25:39.667
There's some misunderstanding here.

565
00:25:39.667 --> 00:25:40.667
Let's sort it out.

566
00:25:40.667 --> 00:25:41.667
He's thinking of Libya.

567
00:25:41.667 --> 00:25:44.000
He's thinking of the promise that we wouldn't expand NATO.

568
00:25:44.000 --> 00:25:48.367
He's thinking of what he did for George Bush after 9/11, when

569
00:25:48.367 --> 00:25:51.501
Putin did more for the American war effort in Afghanistan than

570
00:25:51.501 --> 00:25:53.801
any NATO country and what did he get in return?

571
00:25:53.801 --> 00:25:56.300
What did he get in return.

572
00:25:56.300 --> 00:25:59.434
The United States left the International Ballistic Missile

573
00:25:59.434 --> 00:26:02.667
Treaty which was the bedrock of Russian national security and

574
00:26:02.667 --> 00:26:04.667
Bush then expanded NATO.

575
00:26:04.667 --> 00:26:05.801
And you know what they told --

576
00:26:05.801 --> 00:26:07.801
But didn't -- didn't Putin, I mean didn't

577
00:26:07.801 --> 00:26:10.200
Obama come back and begin to negotiate that?

578
00:26:10.200 --> 00:26:12.200
That so-called reset which people of our

579
00:26:12.200 --> 00:26:15.000
generation used to call dtente -- do you know what they said to

580
00:26:15.000 --> 00:26:16.968
Putin in Russia?

581
00:26:16.968 --> 00:26:18.767
I heard it with my own ears.

582
00:26:18.767 --> 00:26:23.400
They said to him, you are appeasing America.

583
00:26:23.400 --> 00:26:24.400
You're an appeaser.

584
00:26:24.400 --> 00:26:26.200
It's got to stop.

585
00:26:26.200 --> 00:26:28.934
So there is a politics in Russia.

586
00:26:28.934 --> 00:26:30.934
Let me close on this.

587
00:26:30.934 --> 00:26:34.934
I mean tell me how you see who has influence on Putin and

588
00:26:34.934 --> 00:26:37.601
where is there leverage with him.

589
00:26:37.601 --> 00:26:38.868
There are two groups around him.

590
00:26:38.868 --> 00:26:40.901
One doesn't -- wants to keep a good relationship with the West

591
00:26:40.901 --> 00:26:43.734
and they lost on Crimea.

592
00:26:43.734 --> 00:26:45.734
They had a debate and they lost.

593
00:26:45.734 --> 00:26:46.734
OK.

594
00:26:46.734 --> 00:26:48.734
He went to the other side.

595
00:26:48.734 --> 00:26:50.734
Now listening with rationality to conceding

596
00:26:50.734 --> 00:26:51.734
factions within Russia?

597
00:26:51.734 --> 00:26:53.734
I'm not sure which one of us is rational

598
00:26:53.734 --> 00:26:54.734
anymore.

599
00:26:54.734 --> 00:26:56.767
Who would have thought it would come to this?

600
00:26:56.767 --> 00:27:00.100
But the point of it is that the Crimean question have left the

601
00:27:00.100 --> 00:27:01.100
station.

602
00:27:01.100 --> 00:27:03.167
It's in the Russian Federation and it's going to stay there in

603
00:27:03.167 --> 00:27:04.167
our lifetime.

604
00:27:04.167 --> 00:27:05.167
Let's move on.

605
00:27:05.167 --> 00:27:06.167
Yes.

606
00:27:06.167 --> 00:27:08.868
Now moving on mean I hope that somewhere but

607
00:27:08.868 --> 00:27:12.300
we don't know about serious people from Washington, Moscow

608
00:27:12.300 --> 00:27:15.501
and maybe Berlin are sitting at a table like this having a

609
00:27:15.501 --> 00:27:18.801
conversation that is quite different from what Obama and

610
00:27:18.801 --> 00:27:21.701
Kerry and Lavrov or Putin are saying at this moment.

611
00:27:21.701 --> 00:27:23.701
I'll just shift it to the President, what should

612
00:27:23.701 --> 00:27:27.100
the President of the United States do that he is not doing?

613
00:27:27.100 --> 00:27:30.200
Well, I think right now the President

614
00:27:30.200 --> 00:27:34.033
cannot get Chancellor Merkel to solve the problem for him, as

615
00:27:34.033 --> 00:27:37.834
much as we might like him to be able to and as much as Steve

616
00:27:37.834 --> 00:27:41.501
would like that thought.

617
00:27:41.501 --> 00:27:45.901
Right now, Chancellor Merkel is just as outraged by what Putin

618
00:27:45.901 --> 00:27:48.334
has done as any other Western leader.

619
00:27:48.334 --> 00:27:52.901
And my guess is around the G7 table next week you're going to

620
00:27:52.901 --> 00:27:55.734
have a pretty unanimous view.

621
00:27:55.734 --> 00:27:59.801
The immediate problem that the West faces is how to shore up

622
00:27:59.801 --> 00:28:01.801
Ukraine --

623
00:28:01.801 --> 00:28:03.801
Right.

624
00:28:03.801 --> 00:28:05.834
-- and that means a strategy that's

625
00:28:05.834 --> 00:28:07.834
much like what the containment strategy in the Cold War was,

626
00:28:07.834 --> 00:28:10.434
which is checking Russian power without war, without war.

627
00:28:10.434 --> 00:28:13.701
That means building up an effective Ukrainian economy,

628
00:28:13.701 --> 00:28:16.701
society and governmental system.

629
00:28:16.701 --> 00:28:19.701
Putin has a lot of incentives to have a pause now.

630
00:28:19.701 --> 00:28:22.701
That pause may be a strategic opportunity for the West to try

631
00:28:22.701 --> 00:28:25.701
to put Ukraine back on its feet.

632
00:28:25.701 --> 00:28:30.167
I think that is probably the window of opportunity that we

633
00:28:30.167 --> 00:28:33.501
should exploit most.

634
00:28:33.501 --> 00:28:38.133
I agree with Steve and Ian that diplomacy is not likely right

635
00:28:38.133 --> 00:28:42.567
now to offer much of a way out because the atmosphere of

636
00:28:42.567 --> 00:28:45.400
distrust is so great.

637
00:28:45.400 --> 00:28:47.033
Thank you very much Stephen Sestanovich.

638
00:28:47.033 --> 00:28:50.033
Thank you Stephen Cohen, thank you Ian Bremmer.

