It’s official. The Nobel Peace Prize has little more import than Time’s Man of the Year:
The European Union won the Nobel Peace Prize on Friday as it grapples with the worst crisis since its founding — devastating debt and the threat of disintegration.
The prestigious award was a salute to the struggling 27-nation union for its work in promoting democracy and reconciliation since World War II.
They’re pretty close to plunging us back into a global economic crisis over there. This isn’t as a giving to Barack Obama; the EU has actually done something. But it’s still rewarding someone in the hope that they will get their shit together.