James Forsyth

A prize that will cost Obama

A prize that will cost Obama
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New Majority points out another reason why Obama should have politely told the Nobel Peace prize committee that he would rather they didn’t award him the prize:

“The Nobel Committee has created a pretty little problem for White House counsel Greg Craig this morning. The value of the gift is $1.4 million. Technically, it’s a “Foreign Official Gift,” so it has to be retained by the U.S. government. Donating the money to charity will be very difficult, because first the gift will have to pass through the president’s hands -and the law requires that he must spend $1.4 million of his own money to buy the $1.4 million from the U.S. government.”

My favourite quote on the Nobel Peace Prize comes from a friend who just reminded me that ‘it’s the prize that Gandhi didn’t win but Arafat did.’