WTF?? Obama wins 2009 Nobel Peace Prize

Well, look on the bright side; he deserves it more than Henry Kissinger did.
 
I think Rush Limbaugh is jealous because the Nobel story takes attention away from the incredible honor that has just been bestowed upon him as a judge for the Miss America Pageant in 2010.

Well done Rush, you have found your level.
 
Will Obama be allowed to keep the $1.4 million for himself?
Federal law states that "...A gift from a foreign citizen or government worth less than $245 dollars is acceptable, gifts worth more belong to the United States government..."
 
Will Obama be allowed to keep the $1.4 million for himself?
Federal law states that "...A gift from a foreign citizen or government worth less than $245 dollars is acceptable, gifts worth more belong to the United States government..."

Depends on whether the IRS would consider it a prize, like lottery winnings, or earned income. It's not a gift, that much is certain.

He would probably arrange to donate it to some nonprofit. He may have already set up his own foundation--it would be difficult for him to donate it to any one particular charity without ruffling feathers. You know how we Americans are. We care more about money than anything else.
 
Depends on whether the IRS would consider it a prize, like lottery winnings, or earned income. It's not a gift, that much is certain.

He would probably arrange to donate it to some nonprofit. He may have already set up his own foundation--it would be difficult for him to donate it to any one particular charity without ruffling feathers. You know how we Americans are. We care more about money than anything else.


Not arguing here, but why is it not a gift? and obviously it isn't "earned" income.

And as far as donating the money, I think you give him more credit than he deserves there...his past history of charitable giving is less than stellar financially.
 
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Not arguing here, but why is it not a gift?

And as far as donating the money, I think you give him more credit than he deserves there...his past history of charitable giving is less than stellar financially.

Don't ask me, ask the IRS. Prize money is misc. income. It's taxable, it's income. I've won cash prizes in merit-based contests, and this is how you document it on your taxes. Gifts are not taxable, but are limited in amount. Gifts over a certain amount have to be treated as income.

Don't you think it would be a horrible PR mistake for him to accept the prize money and, say, buy a condo in South Beach? Do you really think he's that stupid? Apparently you do. :rolleyes:
 
Depends on whether the IRS would consider it a prize, like lottery winnings, or earned income. It's not a gift, that much is certain.

He would probably arrange to donate it to some nonprofit. He may have already set up his own foundation--it would be difficult for him to donate it to any one particular charity without ruffling feathers. You know how we Americans are. We care more about money than anything else.

Pregs, do you by any chance know how the IRS deals with profits made from starting wars based on on phony evidence? The amount would be more than $1 million dollars, closer to hundreds of billions of dollars, I think. They'd probably have to assign an entire fleet of IRS agents to that case, right? Imagine the paperwork!
 
Pregs, do you by any chance know how the IRS deals with profits made from starting wars based on on phony evidence? The amount would be more than $1 million dollars, closer to hundreds of billions of dollars, I think. They'd probably have to assign an entire fleet of IRS agents to that case, right? Imagine the paperwork!

Worm, this is America. Profit is profit. No excuses required, the end justifies the means.
 
Worm, this is America. Profit is profit. No excuses required, the end justifies the means.

Phew! That's a relief. Now I don't have to bother myself trying to find a moral reconciliation between an unsought $1 million gift prize and several hundred billion dollars and tens of thousands of dead and maimed people resulting from a war started by politicians with lies and phony evidence to make their friends and family rich. So much easier, thanks!
 
Phew! That's a relief. Now I don't have to bother myself trying to find a moral reconciliation between an unsought $1 million gift prize and several hundred billion dollars and tens of thousands of dead and maimed people resulting from a war started by politicians with lies and phony evidence to make their friends and family rich. So much easier, thanks!

Glad to help. Aren't you glad you're not a filthy Socialist, or someone with a conscience? ;)
 
"Unlike the other Nobel Prizes, which recognize completed scientific or literary accomplishment, the Nobel Peace Prize may be awarded to persons or organizations that are in the PROCESS of resolving a conflict or creating peace."
 
I found this kind of funny. Only "kind of" because we're obviously going to hear all this in the days ahead (and have started to already)...

NOBEL TALKING POINTS FOR FOX NEWS/GOP BASE:

1. What do you expect from a bunch of socialists?

2. Not that I’m a racist, but I know affirmative action when I see it.

3. Carter, Gore, Obama? Do we see a pattern here?

4. A clumsy attempt by Europe to save a failing presidency.

5. The Norwegians are just using Obama to slap George W. Bush in the face.

6. Besides, who cares what a bunch of geeks in Oslo think? The International Olympic Committee speaks for the whole world.

7. No thinking person has taken the Nobel Peace Prize seriously since Reagan didn’t win one for ending the Cold War.

8. We elect a president to keep America safe, not to win prizes.

9. True leadership is not an international popularity contest.

10. Peace is no big deal anyway. No, wait a minute. Strike that last one.​
 
I figured it out. Obama got his Nobel Peace Prize for calling Kanye West a jackass.
 
I laughed...a lot.
 
ah ha so it seems that Goldman Sachs and the insurance companies are now running the Nobel committee as well. no surprise.

Morrissey should get a Nobel Peace Prize for MEAT IS MURDER... yes I am serious. Helping so many people turn to vegetarianism is a true step toward civilization and peaceful people.

Finally... Gorbachev received the NPP and within a year or so the Soviet Union collapsed... gee... doesn't look hopeful for USA.
 
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