by Martin Armstrong, Armstrong Economics:
The fires in Maui claimed the lives of at least 99 people. Over a thousand people are still missing as crews rush to identify remains. This was the deadliest wildfire on US soil in over 100 years. There is a lot of speculation and conspiracy theories surrounding the fires, but one proven conspiracy is that the US government is putting America last.
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On Sunday, the Federal Emergency Management Agency said it was too soon to calculate the damages, but a low estimate is $6 billion. The President of the United States made sure to address his main priority by sending a $200 million aid package to Ukraine this week. “Air defense, anti-armor, and munitions will keep the Ukrainian armed forces in the fight to defend their country’s sovereignty, territory, and people,” Secretary of State Antony Blinken announced on Monday as search teams continued to search Maui for any survivors. This is chump change for Ukraine as the White House is seeking hundreds of billions in extra funds.
As residents of Hawai’i mourn the loss of life and devastation taking place across their beautiful home, we mourn with them.
Like I’ve said, not only our prayers are with those impacted – but every asset we have will be available to them.
Here’s the latest:
— President Biden (@POTUS) August 14, 2023
Joe Biden was spotted on the beaches of Delaware this weekend as Hawaii burned down. He refused to comment on the situation and did not let it interrupt his vacation. Biden finally took to X (formerly Twitter) to address the crisis. “We’re laser-focused on getting aid to survivors, including Critical Needs Assistance: a one-time $700 payment per household offering relief during an unimaginable difficult time. We have the staff on the ground dedicated to helping survivors navigate the registration process.”
So Hawaii received $1.8 million in aid. What is $700 going to do for the people who lost everything and perhaps everyone? In comparison, a foreign nation received $200 million this week. We are witnessing what happens when the government pivots from America-First to America-Last policies.
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