STOCKHOLM—The Nobel Foundation, under pressure to cut costs following sluggish returns on capital in recent years, is slashing the value of its prestigious prizes for the first time in 63 years while also looking to trim in other areas, such as expenses related to its annual banquet.
Max Keiser
Financial War Reports
Wonkish!
Glad Obama lost his peace prize after his record which is as dispicable as they come.
The use of drones to kill Suspected militants is outright murder of the grosest kind, its despicable that these people are acting as jusdge jury and executioner at the touch of a button, with no trial, evidence, jury it makes you sick.
They must be foolwing closely advice on investment from their own laureats. I would like to see Bernard Madoff receiving a Nobel in economics. Let him manage Nobel funds!!! I hope it shows where I want to see the institution of Nobel Prize going.
Still waiting for obammie to earn his.
@Rusty
Lol. Yah!
That Obama and Kissinger have a Nobel Peace price is very telling.
This price has no value whatsoever.
Shame on the Nobel Peace price committee.
I guess blowing stuff up just doesn’t pay like it used to.
Richard Feynman – The Nobel Prize [4m17s]
http://www.youtube.com/watch?v=gMaBmik4VYg
@Jayme.
Thx for link. Feynman was fantastic.
We came,we saw,he died/(take the kids out, of the incubater Assad,they are on to you):Thall count for a price,at the very Nobel kiss my arse price,for senceless idiocracy:Pax Vomit Scums!The 3rd stone is rotten,to the very core!
Krugman couldn’t debase the Nobel Prize because he never got one. He got his dough from the Riksbanken, which made up the phoney award in 1968, to give credibility to practioners of the dismal science. The reason for the reduction in award money for real Nobels might be that the Nobel Foundation turned management of its endowment over to Nobel poseurs like Krugman, who in turn lost most of it using the economic theories they won prizes for.
Rabin and Peres also got this ‘Peace’ Prize.
Nough said.
Add Martti Ahtisaari to the list of scumbags who received the Nobel ”Peace” Prize.
Should be called the Nobel P*ss Prize considering that’s what the likes of Obama are doing all over it.
@ Flotpot.
Feynman had a way of cutting through the nonsense. Max does a pretty good job too.
There is no Nobel Prize in Economics. There is a Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.
And again, there is no nobel prize in economics. That price is in nobels memory, and is not given by the nobel commitee but the swedish riksbank. It was not in his will.