Perspective Please?

I think I wrote a few weeks ago that the biggest problem with neocons wasn’t that they’re crazy, it’s that they fundamentally don’t understand the world, and have no conception of limitations to US leverage, and Max Boot is doing his damndest to vindicate that here:

What they understand is action. The question now is whether the U.S. and other Western nations will be willing to take serious action against this outrageous Russian aggression.

What would such action consist of? A demand to Russia that it withdraw its troops from the sovereign soil of another country and end its attacks within, say, 48 hours. If it doesn’t comply, diplomatic and economic sanctions could follow. The Russian elites are particularly vulnerable to having their Western bank accounts–where they stash ill-gotten financial gains–frozen.

Um, Max, Russia is the 2nd largest producer of oil in the world, and the largest natural gas producer. If Russian officials are vulnerable to having their foreign bank accounts closed off, the United States, and the west in general, is certainly vulnerable to disruptions in the flow of Russian energy resources. Who do you think is going to blink first in that game? And keeping that in mind, what “diplomatic and economic” cards do we have to play? The economic angle is blunted by our insane relaince on fossil fuels, while there’s really no diplomatic cards to play. Russia has a permanent seat on the Security Council, they have significant influence in Asia and Europe, especially when acting in concert with China, and they’ve got nuclear capabilities to rival ours. What are we going to do, and why exactly should we do it, considering that Georgia started the present conflict?

Can anyone answer that question in such a way that doesn’t fundamentally boil down to making Georgia a US satellite with which to box Russia in?