Interesting that you should mention Nobel Prizes—my wife and I had that same discussion today. We noted the unworthies that recently have received Nobel prizes of various sorts: Krugman, Arafat, Zerobama, Al Gore, the IPCC, the EEU, Jimmy Carter, Kofi Annan, the UN. The peace prize in particular has no meaning any more.
Hamas will receive the next peace prize
The prizes have become an exercise in self-congratulation among liberals.
There is seemingly nothing that liberals touch that they cannot trivialize.
The Nobel Peace Prize has less prestige than winning an election for 8th grade class Vice President.