Gee, I wonder who is going to win? Or who just won, I mean.

Russia is back and intent to recoup its losses suffered at cold war’s end. Mr. Obama’s America is difficult to fathom as it disarms and turns inward (for “a little nation-building at home,” as the president keeps intoning). So suddenly, Europe – this self-proclaimed “empire of peace” – has to recalculate, and Germany is the best bellwether of change.

Germany? And the Pres himself? You can kiss Crimea goodbye for good, Ukraine.

Putin will go as far as he can get with minimal risk and effort.