Obama Failed to Win Nobel Prize for Economics

intheknow · 10-12-2009, 08:40 AM

MarketWatch First Take: Obama fails to win Nobel prize in economics - MarketWatch

By MarketWatch
LONDON (MarketWatch) -- In a decision as shocking as Friday's surprise peace prize win, President Obama failed to win the Nobel Memorial Prize in Economic Sciences Monday.

While few observers think Obama has done anything for world peace in the nearly nine months he's been in office, the same clearly can't be said for economics.

The president has worked tirelessly since even before his inauguration to wrest control of the U.S. economy from failed free markets, and the evil CEOs who profit from them, and to turn it over to wise, fair and benevolent bureaucrats.

From his $787 billion stimulus package, to the cap-and-trade bill, to the seizures of General Motors and Chrysler, to the undead health-care "reform" act, Obama has dominated the U.S., and therefore the global, economy as few figures have in recent years.

Yet the Nobel panel chose instead to award the prize to two obscure academics -- Elinor Ostrom and Oliver Williamson -- one noted for her work on managing collective resources, and the other for his work on transaction costs. See full story on the Nobel winners.

Other surprise losers include celebrity noneconomist and filmmaker Michael Moore; U.S. Treasury Secretary Timothy Geithner; and Larry Summers, head of the U.S. national economic council.

It is unclear whether the president will now refuse his peace prize in protest against the obvious slight to his real achievements this year.

-- Tom Bemis, assistant managing editor

Lesley · 10-12-2009, 09:56 AM

I'm pretty sure GWB wasn't in the running for his tireless efforts in 2008, either lol

LandJ · 10-12-2009, 10:40 AM

Have ANY our Presidents actually won that one?

Lesley · 10-12-2009, 11:20 AM

lol....has any President of any nation won that particular award?

10-12-2009, 08:40 AM	#1 (permalink)
intheknow 1000-4999 post queen of hearts Join Date: Aug 2004 Location: Sooo Conservative. Oh NO! Posts: 3,803 Blog Entries: 303	Obama Failed to Win Nobel Prize for Economics MarketWatch First Take: Obama fails to win Nobel prize in economics - MarketWatch By MarketWatch LONDON (MarketWatch) -- In a decision as shocking as Friday's surprise peace prize win, President Obama failed to win the Nobel Memorial Prize in Economic Sciences Monday. While few observers think Obama has done anything for world peace in the nearly nine months he's been in office, the same clearly can't be said for economics. The president has worked tirelessly since even before his inauguration to wrest control of the U.S. economy from failed free markets, and the evil CEOs who profit from them, and to turn it over to wise, fair and benevolent bureaucrats. From his $787 billion stimulus package, to the cap-and-trade bill, to the seizures of General Motors and Chrysler, to the undead health-care "reform" act, Obama has dominated the U.S., and therefore the global, economy as few figures have in recent years. Yet the Nobel panel chose instead to award the prize to two obscure academics -- Elinor Ostrom and Oliver Williamson -- one noted for her work on managing collective resources, and the other for his work on transaction costs. See full story on the Nobel winners. Other surprise losers include celebrity noneconomist and filmmaker Michael Moore; U.S. Treasury Secretary Timothy Geithner; and Larry Summers, head of the U.S. national economic council. It is unclear whether the president will now refuse his peace prize in protest against the obvious slight to his real achievements this year. -- Tom Bemis, assistant managing editor __________________ Needed a Hero; Got a Zero. Impeach Obama!

10-12-2009, 09:56 AM	#2 (permalink)
Lesley 5000-9999 post king of hearts Join Date: Jan 2002 Posts: 7,035	I'm pretty sure GWB wasn't in the running for his tireless efforts in 2008, either lol __________________ Lesley, ".. I can't tell just yet what they are, but - Oh my God, Johnny, they're turkeys!! Johnny, can you get this? Oh, they're plunging to the earth right in front of our eyes! One just went through the windshield of a parked car! Oh, the humanity!"

10-12-2009, 10:40 AM	#3 (permalink)
LandJ 10000-15000 post ace of hearts Join Date: Jul 2002 Location: Florida Posts: 15,977 Blog Entries: 38	Have ANY our Presidents actually won that one? __________________ 6 years old

10-12-2009, 11:20 AM	#4 (permalink)
Lesley 5000-9999 post king of hearts Join Date: Jan 2002 Posts: 7,035	lol....has any President of any nation won that particular award? __________________ Lesley, ".. I can't tell just yet what they are, but - Oh my God, Johnny, they're turkeys!! Johnny, can you get this? Oh, they're plunging to the earth right in front of our eyes! One just went through the windshield of a parked car! Oh, the humanity!"

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