I certainly lost a lot of faith in the Nobel peace prize when they gave it to Obama. It seemed like a political gesture more than a true recognition of significant accomplishments.
it took you this long? They awarded it to Al Gore for climate change awareness (has alot to do with peace i guess?) Even worse, they have awarded it to supporters of terrorism(Arafat), and other violent types of people(Mandela).
One reason being he died unexpectedly (assassination). The Nobel Peace Prize also wasn't awarded that year due to no suitable living candidates, which can be considered an acknowledgement of him.
http://en.wikipedia.org/wiki/Nobel_Prize_controversies#Peace