Last year, Keynesian propagandist Paul Krugman was awarded the political Nobel prize in economics. It was an attempt to increase his status as he proselytized for the Fed in its crisis. It did not work.
Despite all the blood-drenched hands that have received the political Nobel peace prize, the Obama award is still risible, and desperate. It is an attempt to buck-up his failed rule, and it will not work. The warmonger will, in fact, be diminished by it. And that is all to the good.