Jimmy Carter usually opposes U.S. imposition of sanctions on other nations, believing that such action hurts innocent citizens of the countries we intend to punish. With all due respect to the former president, I am going to wish that sanctions we deliver to Russia when that nation goes to war with Ukraine deliver maximum pain to the country, but more importantly to its leader.
Russian strongman Vladimir Putin today announced he recognizes two Ukrainian provinces as being “independent.” The decision prompted President Biden to levy limited sanctions involving those breakaway provinces. There will be more — much more — to come the moment Putin orders the tanks and troops to march in Kyiv, the capital of Ukraine.
Biden is caught in a bit of a bind. There can be no way on Earth he can send U.S. troops into battle with the Russians, even though he has dispatched several thousand American forces to eastern Europe. The only option we have is to levy severe and punishing sanctions on Russia, which Biden pledges to do.
What do those sanctions look like? I suppose it would involve freezing of Russian assets in banks around the world, presuming President Biden has enlisted the support of our worldwide allies. They should involve the freezing of Putin’s personal assets. There well could be suspension of oil and natural gas shipments to western Europe from Russia, which would take a huge bite out of Russia’s third-world economy. There needs to be a suspension of technology exports to Russia from this country and from the European Union.
Will any of this dissuade Putin from carrying out his ambition to bring Ukraine back under Russian control? Probably not. He just needs to pay dearly for his adventurism.