Ukraine in 90 seconds

The Comentator sums up  the Crimea debacle in 90 seconds:
"1. Crimea has existential-level historic resonance for Russia. In the context of the political-psychological loss of the Soviet Union for Russians, it is inconceivable that Vladimir Putin can now back down over Crimea. The referendum will (must, by fair means or foul) agree to Crimea becoming part of the Russian Federation.
2. The West is led by Barack Obama -- the most incompetent American president in all American history; and a "leader" who does not believe in the Free World, let alone American leadership of it.
3. The European Union is a foreign policy disaster, led, foreign policy wise, by Catherine Ashton someone who supported the Soviet Union in the Cold War.
4. Crimea is now part of Russia. End of story. Putin would have to quit politics to allow any other outcome.
5. The only question is whether Russia's annexation of Crimea leads to other parts of Ukraine in the east following suit."  [Source]