eisely Posted October 12, 2009 Share Posted October 12, 2009 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. (This message has been edited by eisely) Link to comment Share on other sites More sharing options...
GernBlansten Posted October 13, 2009 Share Posted October 13, 2009 Just another reason to hate Obama. Like we needed one. Link to comment Share on other sites More sharing options...
scoutldr Posted October 13, 2009 Share Posted October 13, 2009 I also hear it's not looking good for the Heisman Trophy, even though he doesn't play football. Link to comment Share on other sites More sharing options...
evmori Posted October 13, 2009 Share Posted October 13, 2009 Ohh! I saved money on my water bill by not flushing for a week! Can I get in the running, too? Link to comment Share on other sites More sharing options...
JoeBob Posted October 13, 2009 Share Posted October 13, 2009 BREAKING NEWS: This just in!!! Obama wins the Heisman Trophy after watching a college football game!!! Link to comment Share on other sites More sharing options...
skeptic Posted October 13, 2009 Share Posted October 13, 2009 Meanwhile: Beck, Limbaugh,and Hannity nominated for the Pulitzer prize for their in depth, accurate reporting related to anything remotely connected to Barack Obama. Bill O'Reilly is upset, and Limbaugh explodes while trying to pat himself on the back. Link to comment Share on other sites More sharing options...
evmori Posted October 13, 2009 Share Posted October 13, 2009 Rush exploding is a win! Link to comment Share on other sites More sharing options...
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