Remember this? Obama warned Russian President Vladimir Putin that "there will be costs for any military intervention in Ukraine."

What "costs" will be paid Mr. President? There will be no military cost. Putin knows that. There will be no military cost paid by the Ukrainians who gave up most of their weapons and all their nuclear deterrence long ago in exchange for a hollow American and European promise to come to their defense. Putin knows this.

Putin has been watching – watching community organizer Obama slip from one international blunder to another. From Egypt to Libya – from Afghanistan to Syria.

Yes, Puty-Pute has been watching Obama lead from behind as he recites lofty rhetoric from his teleprompter.

Putin knows exactly who he's dealing with and Neville Obama hasn't a clue who he is up against. And that also goes for the Obama brain-trust like Hagel and the erudite John Kerry, who fought in Vietnam, don't ya know?

Putin is no diplomat. He's a ruthless KGB warrior. Obama is whatever the opposite of that is.

Vlad doesn't care about sanctions on a few low level bureaucrats. He knows there will be no military response by the U.S., nor should there be. Crimea or Ukraine isn't worth WWIII.

Back on March 1st Johnny McCain called on Obama to "articulate exactly what those costs will be and to take steps urgently to impose them. Every moment that the United States and our allies fail to respond sends the signal to President Putin that he can be even more ambitious and aggressive in his military intervention in Ukraine."

Now I'm no fan of Obama, and that's putting it kindly, but someone needs to muzzle McCain. Those types of dopey blustering statements don't help.

But you asked it, you might say. Why can't McCain? Because when McCain says it, the whole world is listening. I ask it rhetorically. I know this administration is full of peaceniks and unilateral downsizers who have no plan to inflict a "cost" on Vlad the Impaler. Maybe if Putin was a member of the Tea Party it would be a different story.

Obama still maintains that a peaceful, diplomatic resolution to the crisis is still possible. "Going forward, we can calibrate our response based on whether Russia chooses to escalate or de-escalate the situation."

In other words, we don't have a clue what to do, and I'm just buying time until someone can come rescue me from this situation so that I may take another vacation.

I know what we can do! What we always do – throw money at the problem!

Earlier this month, Kerry offered $1 billion in American loan guarantees to the new leadership in Kiev. Good plan. We want to make sure the Ukrainian debt has been paid up prior to the Russian takeover. We must assure the new Russian territory is on firm financial footing.

But fear not. Russia's defense chief Sergei Shoigu assured Defense Secretary Chuck Hagel on Thursday that Russian forces along Ukraine's eastern border have no intention of crossing into Ukrainian territory.

You'll notice old Sergei said they have "no intention." He didn't say "we will not invade Ukraine." It's kind of like a politician saying they have no intention of running for another office…until they do, and they always do.

So what's going to happen? Your guess is as good as mine, nor do I know what our response will or should be. I do know that someone had better come up with a good one or Vlad will start to roll and he won't be satisfied with just Ukraine.

I wouldn't want to be Belarus, Latvia, Estonia or Lithuania.

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