This impacts 11 wealthy Russians, who have money in U.S. financial institutions.
The Obama administration hit 11 Russian and Ukrainian officials with sanctions today as punishment for Russia’s support of Crimea’s referendum. Among them: aides to President Vladimir Putin, a top government official, senior lawmakers, Crimean officials, the ousted president of Ukraine, and a Ukrainian politician and businessman allegedly tied to violence against protesters in Kiev.http://abcnews.go.com/blogs/headlines/2014/03/russian-deputy-pm-laughs-at-obamas-sanctions/
"This is a humiliating response..." said Charles Krauthammer. In my opinion, Charles is being far too kind.
NO RESPONSE would have been better than THIS response. Putin has probably peed in his pants laughing at Obama. The entire Twitter/Russia is tweeting their laughter and disdain at the United States.
In my mind, Obama's response is not surprising, because he has no balls and no clue about international affairs. What this reveals, and what should scare the hell out of every American, is that Obama has SURROUNDED HIMSELF WITH PEOPLE WHO WOULD LET HIM DO THIS!!!!! W! T! F!