I don't have anything to add to the numerous expressions of derision heaped upon the farcical choice of President Obama for the Nobel Peace Prize. Rather, I'd like to cite the essay written by Charles Krauthammer for the current issue of The Weekly Standard analyzing how the current left-liberal approach to foreign policy is a conscious choice to effect and expedite America's decline. The piece is a comprehensive look at the worldview that values governance by a "consensus" of "the community of nations" - a ridiculous and dangerous mindset that explains the Nobel committee's choice as well as anything.
Incidentally, Krauthammer is becoming as close to being a rock star among conservative commentators as one can get. Even though he wasn't scheduled to appear on the Fox News panel to discuss the Nobel committee's choice, the clamor from viewers convinced the network to get his reaction anyway which they broadcast during the panel segment.
Also, NRO now regularly publishes Krauthammer's Fox panel comments in its web briefing section.