Difference between the times of the cold war and now is that even back then the biggest European countries, like France or Germany, retained a bit of political independence in their actions. Leaders like Helmut Kohl, Francois Mitterand, let alone people like De Gaulle, wouldn't dance to the tune of the US neocons like the current lot does.
Plus, the ideological element is gone, and that was the cornerstone of the whole East vs West confrontation. Russia isn't a communist country anymore, hasn't been in 27 years or so. It's much more democratic than the likes of China or Saudi Arabia, that the West seemingly has no problem with, so the argument about confronting Russia due to it not being democratic enough is BS. So the real problem is Putin, not even the man himself, but rather what he represents, a threat to US hegemony in the world, someone who refuses to bend over to the post Cold War world order. At this point it doesn't even matter whether Russia is really guilty of all the things they're being accused of because if the threat wasn't real, there are too many powerful factions that would stop at no cost to make it look convincing enough.
Also, what happened to the fourth estate? During the worst time of Soviet vs American confrontation western media was full of people who weren't afraid to ask powers that be some very uncomfortable questions. In fact, that's what made them so appealing to the people on the other side, that's the reason millions of Russians would secretly tune in to listen to Voice of America or Radio Freedom back in 1970-80s, because they were hungry for some dosage of truth about what's going on in their own country as well as the rest of the world. But once the Cold War was over, the West has started slowly but surely turning into the very same monster it was fighting against and now somehow there are no more real journalists, at least in major media outlets, that are willing to question why their political leadership is so eager to follow the collision course with Russia. The level of bias and the sheer volume of plain propaganda from once well respected sources over the last several years has been astonishing, but no one seems to care.
It'll all end badly, I'm afraid.