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Nadeem Walayat Financial Markets Analysiis and Trend Forecasts

Barrack Obama Awarded Nobel Peace Prize for Being First Black President

Politics / US Politics Oct 09, 2009 - 10:40 AM GMT

By: Nadeem_Walayat

Politics

The Nobel committee awarded the peace prize for - "his extraordinary efforts to strengthen international diplomacy and co-operation between peoples".

The normal expectation is for someone to be awarded the prestigious Nobel peace prize AFTER they have contributed in a major way towards making peace, which I just do not see when looking back on Barrack Obama's first 10 months Presidency.


Don't get me wrong, I am a fan of Barrack Obama who is a breath of fresh air after the lunatic Bush Presidency that systematically proceeded to bring the United States to its knee's. Maybe that is the logic used, i.e. the relief of getting rid of George Bush?

But if even a fan cannot see any logic in the award then what does that say about the Nobel committee that have awarded the Nobel Peace Prize to the WRONG person!

There are far more eligible individuals around the word who actually HAVE contributed towards bringing peace to areas of the World such as :

  • Zimbabwe prime minister Morgan Tsvangirai
  • Chinese dissident Hu Jia
  • Colombian peace-broker Piedad Cordoba

Barrack Obama himself said that he was both pleasantly surprised and puzzled as to why the presumably increasingly senile Nobel committee awarded the peace prize to him, even though he has not done ANYTHING with regards to bringing peace anywhere.

He said he does not "view it as a recognition of my own accomplishments," but rather as a recognition of goals he has set for the United States and the world. Obama said, "I do not feel that I deserve to be in the company of so many transformative figures that have been honoured by this prize."

He said he's accepting the Nobel Peace Prize as "a call to action."

Obama said the Nobel Peace Prize must be "shared by everyone who strives for justice and dignity."

The award for basically doing nothing may in fact politically backfire on Barack Obama in the United States as he is seen as someone in the back pockets of the international socialist establishment against the natural free market instincts of the U.S. electorate.

The Nobel peace prize has been greatly devalued, and it would have been much better to wait for actual effort and results before awarding the prize. Time will tell if the award galvanises the worlds most powerful man into action rather then more sound bites.

By Nadeem Walayat
http://www.marketoracle.co.uk

Copyright © 2005-09 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.

Nadeem Walayat has over 20 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis specialises on the housing market and interest rates. Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication. We present in-depth analysis from over 400 experienced analysts on a range of views of the probable direction of the financial markets. Thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

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Comments

Joel-Geri Dee
10 Oct 09, 11:18
Obama

Nadeem - Your article articulated our disappointment as well. To be honored after 12 days in office, without a cabinet, without a podium makes little sense. A man of action. An honorable man would feel pleasure, but tell the committee "not yet". A less honorable man will accept the prize and keep the money in a tax free organization nearby for future use. The Iraqis, hell, most of Asia and the Middle East don't see him in this light, so until they see his "sound bite" future turning into real action, until they feel safe in their homes, until their children can live and grow as children, it makes it extremely difficult for us to take his rhetoric seriously. Speaking of "rhetoric" - Let's see, we just "pinpoint" bombed the dark side of the moon for water - what next could be on the "heavy" water agenda? JoelDee/Berlin


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