If we are to look for historical parallels, instead of the Sudetenland, one might consider the Nazi/Soviet non-aggression pact resulting in the partition of Poland. Clearly, the West has lost its claim to any moral leadership; the West acts in the interests of the global elite. Putin acts in his own interests and the Russian oligarchs. The people of Ukraine are just a morsel to be divided up by the EU and Russia.
The US is economically weak; we are a paper tiger. All that we can hope for is to get our domestic house in order by ridding ourselves of the commie Dems and feckless GOPe. For the US, Ukraine is a diversion with no upside for the American people.
That Ukraine might be partitioned into a Western part and an Eastern part is true, but the analogy with Poland and Molotov-Ribbentrop pact is not there: EU is not occupying Western Poland in 2014, and Poland did not ask to join the Third Reich in 1939.