Just announced today:

The Norwegian Nobel Committee has decided that the Nobel Peace Prize for 2009 is to be awarded to President Barack Obama for his extraordinary efforts to strengthen international diplomacy and cooperation between peoples. The Committee has attached special importance to Obama’s vision of and work for a world without nuclear weapons.

Obama has as President created a new climate in international politics. Multilateral diplomacy has regained a central position, with emphasis on the role that the United Nations and other international institutions can play. Dialogue and negotiations are preferred as instruments for resolving even the most difficult international conflicts. The vision of a world free from nuclear arms has powerfully stimulated disarmament and arms control negotiations. Thanks to Obama’s initiative, the USA is now playing a more constructive role in meeting the great climatic challenges the world is confronting. Democracy and human rights are to be strengthened.

Only very rarely has a person to the same extent as Obama captured the world’s attention and given its people hope for a better future. His diplomacy is founded in the concept that those who are to lead the world must do so on the basis of values and attitudes that are shared by the majority of the world’s population.

For 108 years, the Norwegian Nobel Committee has sought to stimulate precisely that international policy and those attitudes for which Obama is now the world’s leading spokesman. The Committee endorses Obama’s appeal that “Now is the time for all of us to take our share of responsibility for a global response to global challenges.”

Oslo, October 9, 2009

Jerome Armstrong notes that only two other sitting U.S. presidents have won the Nobel Peace Prize: Theodore Roosevelt and Woodrow Wilson.

I agree that Obama has outlined a compelling vision of international relations, but I find it strange that the committee made this award before waiting to see whether Obama escalates the U.S. involvement in Afghanistan or keeps his campaign promise to get us out of Iraq. Obama hasn’t proposed reductions in the U.S. defense budget yet either (just a smaller increase than what the military requested).

I’m encouraged that Obama is open to cutting our nuclear arsenal. We have way more warheads than we need for deterrence, and they are expensive to maintain. But for all of Obama’s good intentions here, he hasn’t struck an agreement with Russia yet.

According to MSNBC, even the White House was surprised by this award.

Maybe John Deeth is right that the Nobel committee basically gave this prize to Obama for not being George W. Bush.

Post any thoughts about this or previous Nobel Peace Prizes in this thread. Most ridiculous choice ever? For my money, Henry Kissinger.

Mr. desmoinesdem thinks it’s a shame that Czech dissident-turned-president Vaclav Havel never did win this award.

UPDATE: The Washington Post reports:

In response to questions from reporters in Oslo, who noted that Obama so far has made little concrete progress in achieving his lofty agenda, committee chairman Thorbjoern Jagland said he hoped the prize would add momentum to Obama’s efforts. At the same time, Jagland said, “We have not given the prize for what may happen in the future. We are awarding Obama for what he has done in the past year. And we are hoping this may contribute a little bit for what he is trying to do.”

Jagland specifically cited Obama’s speech about Islam in Cairo last spring, as well as efforts to address nuclear proliferation and climate change and use established international bodies such as the United Nations to pursue his goals.

Sounds to me like they are hoping this prize will make Obama more likely to follow through on his rhetoric. I’ve got a friend heading to Iraq soon, and I want the U.S. to stop sending people over there on tours of duty. If winning the Nobel Peace Prize deters Obama from keeping our troops in Iraq for the long term, I’m all for it.

If Obama fails to deliver concrete achievements to back up his vision, however, the Nobel Committee will have discredited itself with what Glenn Greenwald called a “painfully and self-evidently ludicrous” prize.

SECOND UPDATE: Chris Bowers lays out the arguments for and against giving this award to Obama at this time.

Nick Berning disputes the Nobel Committee’s contention that the U.S. is now playing “a more constructive role” on combating climate change.

THIRD UPDATE: After the jump I’ve posted a mass e-mail President Obama sent out today. Excerpt: “To be honest, I do not feel that I deserve to be in the company of so many of the transformative figures who’ve been honored by this prize — men and women who’ve inspired me and inspired the entire world through their courageous pursuit of peace.”

Paul Krugman, upcoming recipient for the Nobel Prize in Economics, wrote an interesting article in the NY Times carried by Common Dreams http://www.commondreams.org/view/2009/02/02-1 yesterday.

The title of Mr. Krugman's article is “Bailouts for Bunglers”.  In this article, Mr. Krugman's major thesis is to ask the Obama administration to Nationalize the banks needing bailout capital, citing the “Lemon Socialism” rule.  In a nutshell, Lemon Socialism is where losses are socialized, profits are privatized.

I'm trying not to get personal here, but when they foreclosed on my friend's and family's businesses and homes, there was no safe”bailout” for them, they lost everything.  My oldest daughter is currently living in her car in Dallas, TX. One of my closest and oldest friends was forced to lay off half a dozen loyal employees into this economy with very little hope of finding another job as an auto mechanic.

No one rewarded any of my friends and family for the decisions they made which forced them into these circumstances, and I'm not asking anyone to reward these folks. It just seems criminal that those whose unbridled greed created the current market meltdown should receive compensatory bonuses for a “job well done”?

President Roosevelt saved capitalism for another 75 years when he initiated his plan of economic recovery.

Maybe President Obama should just let it go down in flames, I'm already paying to help out my kid, and I paid my friend more than it was worth to have him help me fix the brakes on my car recently (I could have done the job myself), I'll be damned if I'm willing to help foot the bill to pay some Wall Street banker a multi-million dollar salary for helping create this mess. 

Make the bankers give up their homes to the folks who lost theirs, I say.  Maybe if the financial wizards of Wall Street had to spend the winter living in THEIR cars they could come up with a solution all on their own. no help from the government.   

who just won the Nobel Prize for economics:

“What are the effects of free trade and globalization? What are the driving forces behind worldwide urbanization? Paul Krugman has formulated a new theory to answer these questions,” the [Royal Swedish Academy of Sciences] said in its citation.

“He has thereby integrated the previously disparate research fields of international trade and economic geography,” it said.

Although Krugman wasn’t honored for his op-ed pieces in the New York Times, I will always be grateful that he remained unafraid to criticize George Bush and his policies, even at the height of Bush’s popularity in late 2001 and 2002.

In case you weren’t aware, Krugman has a good blog too.