From the Volokh Conspiracy, we have these Top 10 Reasons President Obama Won the Nobel Peace Prize:

10. Consolation prize for losing the Olympics;

9.  Who gives a rat’s you-know-what about Afghanistan, anyway;

8.  The Nobel Prizes in Physics, Chemistry, and Biology were already taken;

7.  “We couldn’t give an ‘un-prize’ to George W. Bush, and this was the next best thing”;

6.  For extraordinary diplomacy at the Gates-Crowley “Beer Summit”;

5.  “Obama?  I thought we were giving it to Osama“;

4.  The Norwegians wanted to honor one of their own, and the committee discovered that Obama was born in Oslo, Norway, the son of a Volvo factory worker;

3.  Norway needed to stimulate its prize industry, and Obama was willing to trade in an older, less efficient prize;

2.  He was the 10th caller;

And the Number One Reason Obama Won the Nobel Peace Prize:

1.  Bill Clinton’s write-in votes for himself didn’t count.