Even the most enthusiastic supporters of President Obama must find the decision to give him the Nobel Peace Prize after less than a year in office with no peace or disarmament agreements achieved to be somewhat absurd. Not to mention two wars that he inherited of which he is escalating one.
I realise the Peace Prize is highly political and past winners include Yasser Arafat but even so usually the more extraordinary awards could at least be explained even if you didn't agree with the explanation.
Three of the last 8 awards have now gone to high profile US politicians from the Democratic Party, and it looks as though the Nobel committee are obsessed by partisan US politics.
Update: Via Obsidian's World, I see that the deadline for nominations for the prize was in early February when Obama had been in office for less than two weeks.
Update 2: Could Obama win the 2010 Nobel Prize for Chemistry if I get him this for Christmas: