Gorbachev wins Nobel peace prize By Jonathan Steele in Moscow Tuesday 16 October 1990 guardian.co.uk "President Gorbachev yesterday won the world's biggest consolation prize. He took the Nobel peace award for losing the Cold War, becoming the first communist leader to win the trophy worth £360,000 after dismantling the system his party spent 70 years creating. "The Nobel prize committee in Oslo did not quite put it that way. It cited Mr Gorbachev for "his leading role in the peace process" which today characterises parts of the world.... "In Moscow, hit by shortages of basic foods and consumer goods, the mood was more reserved. When the president of the Supreme Soviet, Anatoly Lukyanov, announced the news to MPs, they applauded for barely five seconds. Gennady Gerasimov, the foreign ministry spokesman, said: "We must remember, this certainly was not the prize for economics..."
...Nor is it the prize for economics this time around! If anything, the financial hole the USSR left behind was a whole lot smaller.
Now, some people think that Obama isn't doing a good job. He isn't. That's because it's not a good job. It's not even a bad job. It's a downright terrible job. But somebody's got to do it, and that somebody just won a Nobel prize, so he must be doing something right.
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