John Fund makes a nice point about Vladimir Putin and the crisis in Ukraine:
[W]ouldn’t it be ironic if history records that Vladimir Putin made a crucial geo-political blunder by trying so hard to host the Olympics in Sochi? Russia poured over $50 billion into the games and invested much of its prestige in them.
But so long as the Olympics were being held this month, Russia’s ability to overtly manipulate the Ukraine crisis was somewhat limited. While Putin was preoccupied in securing Sochi from terrorist assaults, Ukraine’s street protesters chased his buddies out of the presidential palace in Kiev. One opposition figure e-mailed me: “We knew it was better to act while Russia was hosting the Olympics and had to abide by international norms.”
Unfortunately, the Games conclude today.