From the WSJ......a humorous, tongue in cheek, take on the Nobel.
This year's awarding of the Nobel Peace Prize to President Obama can only hasten the decline in prestige of an award that has already gone to people like Yasser Arafat, UN General Secretary Kofi Annan (who presided over the Iraqi oil-for-food scam) and the fabulist Guatemalan activist Rigoberta Menchu. For this year's Nobel, the deadline was February 1, barely ten days after Mr. Obama had assumed the presidency. Though the Nobel committee of five Norwegian politicians presumably considered the evidence over the summer, it's fair to say their award represents little more than wishful thinking that Mr. Obama's diplomatic efforts will ultimately bear fruit.
Other U.S. Presidents have won Nobels, but for actual accomplishments. Teddy Roosevelt helped broker a peace treaty between Russia and Japan. Woodrow Wilson worked to build a lasting peace after the end of World War I, however unsuccessful that effort later proved. Even Jimmy Carter won the Peace Prize in 2002 after more than two decades of humanitarian efforts as a former president.
The Nobel Committee is said often to make its final decision at its last meeting just before the announcement. If so, President Obama has gotten a consolation prize for the failure of the U.S. to secure the 2016 Olympics. But that won't take away the sense that his award has more to do with political correctness than the realities of peace. Reading the Nobel Committee's explanation of its decision, President Obama appears to have won this year's prize because he's not his predecessor, George W. Bush.