Editorial Exegesis

Investor’s Business Daily: “This year’s Nobel Peace Prize has been given to the ‘Organization for the Prohibition of Chemical Weapons,’ a group whose main achievement seems to be good intentions. This award is getting ridiculous. … It’s a $92 million United Nations-linked paper-pushing agency founded in 1997, whose 500 bureaucrats draw salaries around $120,000. All this agency does is ratify that nations have complied with their treaty obligations long after the fireworks and negotiations are done, undoubtedly sending stern letters out for non-compliance. … It no longer goes to people who promote actual peace. Nobel Prizes are now doled out as political statements, encouragement for the kind of do-gooder missions that global bureaucracies favor. Showing results, making a difference, these no longer count.”