. >>> let's bring in mark jacobson, senior fellow for international relations. former senior adviser to secretary of defense, ash carter. thanks for joining us. happy new year to you. >> thanks and happy new year to you, as well. >> let's start. first of all, what's your take on the way putin has reacted to these sanctions? is it really all strategic? or is this potentially an olive branch from the russian president? >> it's both. it's strategic and it's an al live branch. i think one of the short-sighted moves the obama administration made was not considering that not only was this too little, too late, but that both putin and trump would take advantage to continue to embarrass the administration. look, i'm all for hard action against the russians for what they have done. but i just think this was handled in a way to open things up to allow, again, for further moves by putin and trump, but to make trump appear the diplomat, which is a very difficult thing to do. >> mark, didn't the obama administration need to do something about this? >> they definitely needed