The Nobel committee did President Obama no favors by prematurely
awarding him its peace prize. As he himself acknowledged, he has not
done anything yet on the scale that would normally merit such an award
— and it dismays me that the most important prize in the world has been
devalued in this way.

Read this link for more:

http://www.nytimes.com/2009/10/11/opinion/11friedman.html?em