"He Has NO IDEA What's Coming."

Pres. Biden warns Russian Pres. Vladimir Putin that the world is uniting to squeeze him and the oligarchs behind him -- and defend the military borders of America's allies in NATO.

Putin is now isolated from the world more than ever. Together with our allies –we are right now enforcing powerful economic sanctions. We are cutting off Russia’s largest banks from the international financial system. Preventing Russia’s central bank from defending the Russian Ruble making Putin’s $630 Billion “war fund” worthless. We are choking off Russia’s access to technology that will sap its economic strength and weaken its military for years to come. Tonight I say to the Russian oligarchs and corrupt leaders who have bilked billions of dollars off this violent regime no more. The U.S. Department of Justice is assembling a dedicated task force to go after the crimes of Russian oligarchs. We are joining with our European allies to find and seize your yachts your luxury apartments your private jets. We are coming for your ill-begotten gains. And tonight I am announcing that we will join our allies in closing off American air space to all Russian flights – further isolating Russia – and adding an additional squeeze –on their economy. He has no idea what’s coming. The Ruble has lost 30% of its value. The Russian stock market has lost 40% of its value and trading remains suspended. Russia’s economy is reeling and Putin alone is to blame. Together with our allies we are providing support to the Ukrainians in their fight for freedom. Military assistance. Economic assistance. Humanitarian assistance. We are giving more than $1 Billion in direct assistance to Ukraine. And we will continue to aid the Ukrainian people as they defend their country and to help ease their suffering. Let me be clear, our forces are not engaged and will not engage in conflict with Russian forces in Ukraine. Our forces are not going to Europe to fight in Ukraine, but to defend our NATO Allies – in the event that Putin decides to keep moving west. For that purpose we’ve mobilized American ground forces, air squadrons, and ship deployments to protect NATO countries including Poland, Romania, Latvia, Lithuania, and Estonia. As I have made crystal clear, the United States and our Allies will defend every inch of territory of NATO countries with the full force of our collective power. Every single inch.

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