"Please pardon this brief departure from my normal folderol, but every so often..."

"... a member of the chattering class issues a nugget of stupidity so egregious that no amount of mockery will suffice. Particularly when the issuer of said stupidity holds a Nobel Prize."

The Nobel Prize reference is to Paul Krugman. If you want something about the Obama Nobel Prize, there's this:

Obama won the Nobel Peace Prize.  A lot of his critics didn't think he deserved to win the Nobel Peace Prize, but he's got a shot now at showing the world he does deserve it by what he could be doing in the Middle East and North Africa.  Is he on a track to winning the Nobel Peace Prize again...?  What do you think?

Again?  These guys are taking bets on whether Obama is gearing up to win the Nobel Peace Prize again?  I mean you can arguably say that the world's imploding because of Obama.  The stabilizing force of the world has always been the United States of America, but nobody fears us.  There's no respect or fear of the United States, and he doesn't project any abject respect and love for this country.  These guys are speculating on whether he's qualified to win a second one?