Theodore Roosevelt won the prize in 1906 for some action: mediating talks that ended the 1905 Russo-Japanese War. Woodrow Wilson’s post-World War I efforts contributed to the advent of World War II, but at least he won the prize in 1919 for some action, starting the League of Nations. One joke I heard: Obama will win the Heisman Trophy because he’s talked about setting up a college football playoff system.
The awards to Jimmy Carter in 2002, Al Gore in 2007, and Obama now have cheapened the Prize and exposed it for what it represents: the views of several left-wing Norwegian politicians. In any event, it will be interesting to see what Obama does with the $1 million award: With the hyperinflation his spending policies may bring, the award could be $1 trillion in 10 years.