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Rachel Maddow's piece on this was very interesting. She pointed out a pile of other winners who, technically speaking, hadn't DONE anything with tangible results, but instead were spearheading a movement. In other words, Obama's lack of a resume in terms of "he's done X, Y and Z" isn't unique among Nobel winners.
All that said, one can argue what exactly Obama has spearheaded. Maddow points out his call for global nuclear disarmament, his diplomacy-first foreign policy, etc., and that the prize is sometimes given to "add momentum" to someone's agenda.
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