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Vladimir Bonaparte - WSJ.com

The farther Russia's tanks roll into Georgia, the more the world is beginning to see the reality of Vladimir Putin's Napoleonic ambitions.

No matter who fired the first shot last week in the breakaway Georgian region of South Ossetia, Moscow is using the separatist issue as an excuse to demolish Georgia's military and, if possible, depose its democratically elected government. Russian forces moved ever deeper into Georgia proper Monday.

Mr. Putin is betting that the West needs him for oil and deterring Iran's nuclear ambitions more than he needs the West.

There's one other way the U.S. could hit Russia where it hurts: by strengthening the dollar.

Vladimir Putin's Russia isn't the former Soviet Union, bent on ideological confrontation around the world. But it is a Bonapartist power intent on dominating its neighbors and restoring its clout on the world stage.