The Nobel committee has handed out some puzzling peace prizes over the years—Henry Kissinger and Yasir Arafat come to mind—but even given a few scratches and dings, the Nobel retained its luster as the most prestigious award of any kind in the world. Long after the "red carpet" pretty much destroyed the idea of prizes in general, the Nobel Peace Prize was still seen as rare and precious. By cloaking its deliberations and through brilliant PR, the committee gave the prize a supranatural aura, as if the name of the winner were spit out of the mouth of an ancient volcano.
That's all over now. The Nobel Peace Prize is finished. It's just another "prize," like a Teen Choice Award for old people. No matter what you think of Obama, the man has done nothing, at all, to deserve it. He may deserve it someday, but the Nobel prize isn't supposed to be a bet on the hope of the possibility of greatness at some point in the future. And it can no longer be taken seriously. From now on, no matter who wins, no matter how deserving, people will say, "Yeah, but they also gave it to Obama." The 1.4 million bucks is still nice, though.
Obama isn't the first strange winner of the peace prize—read more here. Read why the prize might also be too little, too late for Obama's sinking prestige stateside. Plus, here are some folks who might be even more upset than the White House this morning. For a refresh on the early accomplishments that put Barack Obama on the Nobel committee's radar, check out our coverage of his life, his ideas, his big day, his disciples, and his fans around the world.