Originally Posted by Quicksilver

Not defending the person getting the prize......
but here are the words of those giving the prize,

Asked why the prize had been awarded to Mr Obama less than a year after he took office,
Nobel committee head Thorbjoern Jagland said: "It was because we would like to support
what he is trying to achieve".

Heres another perspective, or perhaps said in another way.
In a surprise, Obama wins Nobel Peace Prize - Yahoo! News

But of course winning the prize for words is not new.
Chronicler of brutal dictatorship wins Nobel prize - Yahoo! News