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It's not just you. I didn't understand that when I heard the blurb this morning. To me, it seems to cheapen the award.
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The award got cheapened when Kissinger won it. It's a silly award at this point and not worth the hand wringing which it creates every year.
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Well, Europe had been killing itself continually for the previous 2000 years, so the EU is a success in peace in that way. Would we had that kind of "cheap" peace in the Middle East.
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The Peace Prize has gone in the same direction as Time's Man of the Year. No longer worthy of discussion...
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they gave it to Obama, but it was really for "the American people."
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A minority view here, but if you read The Guns of August by Barbara Tuchman, and then look at Europe as it exists today, there is a point to the award. The EU has allowed for peaceful travel across borders, commerce, and a collection of countries that have no need to argue their differences at the point of a bayonet. The current Euro crisis shows how collective security can deal with a very difficult situation without blood curdling threats. I think they have a long way to go, but perhaps the prize is meant to be cautionary, in the sense of "don't blow this chance."
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It does seem a little weird, but I think I understand their pick.