What is to be done? Let's be real. There's nothing to be done militarily. What we can do is alter Putin's cost-benefit calculations.
We are not without resources. There are a range of measures to be deployed if Russia does not live up to its cease-fire commitments:
1. Suspend the NATO-Russia Council established in 2002 to help bring Russia closer to the West. Make clear that dissolution will follow suspension. The council gives Russia a seat at the NATO table. Message: Invading neighboring democracies forfeits the seat.
2. Bar Russian entry to the World Trade Organization.
3. Dissolve the G-8. Putin's dictatorship long made Russia's presence in this group of industrial democracies a farce, but no one wanted to upset the bear by expelling it. No need to. The seven democracies simply withdraw. (And if Italy's Silvio Berlusconi, who has been sympathetic to Putin's Georgia adventure, wants to stay, he can have an annual G-2 dinner with Putin.) Then immediately announce the reconstitution of the original G-7.
4. Announce a U.S.-European boycott of the 2014 Winter Olympics at Sochi. To do otherwise would be obscene. Sochi is 15 miles from Abkhazia, the other Georgian province just invaded by Russia. The Games will become a riveting contest between the Russian, Belarusan and Jamaican bobsled teams.
All of these steps (except dissolution of the G-8, which should be irreversible) would be subject to reconsideration depending upon Russian action -- most importantly and minimally, its withdrawal of troops from Georgia proper to South Ossetia and Abkhazia.
The most crucial and unconditional measure, however, is this: Reaffirm support for the Saakashvili government and declare that its removal by the Russians would lead to recognition of a government-in-exile. This would instantly be understood as providing us the legal basis for supplying and supporting a Georgian resistance to any Russian-installed regime.
There's more in that article. Read the whole thing.