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War and Peace
I suppose we should not begrudge Barack Obama his Nobel Peace Prize, though it represents a radical break in tradition, since he's only had slightly less than nine months to discharge his imperial duties, most concretely through the agency of high explosives in the Hindu Kush whereas laureates like Henry Kissinger had been diligently slaughtering people across the world for years.
Woodrow Wilson, the liberal imperialist with whom Obama bears some marked affinities, won the Nobel Peace Prize in 1919, having brought America into the carnage of the First World War. The peace laureate president who preceded him was Teddy Roosevelt, who got the prize in 1906 as reward for sponsorship of the Spanish-American war and ardent bloodletting in the Philippines. Senator George Hoar's famous denunciation of Roosevelt on the floor of the US Senate in May of 1902 was probably what alerted the Nobel Committee to Roosevelt's eligibility for the Peace Prize:
"You have sacrificed nearly ten thousand American lives"the flower of our youth. You have devastated provinces. You have slain uncounted thousands of the people you desire to benefit. You have established reconcentration camps. Your generals are coming home from their harvest bringing sheaves with them, in the shape of other thousands of sick and wounded and insane to drag out miserable lives, wrecked in body and mind. You make the American flag in the eyes of a numerous people the emblem of sacrilege in Christian churches, and of the burning of human dwellings, and of the horror of the water torture."