From a longer piece by Matt Taibbi:
This is what Barack Obama did to “earn” the Nobel Prize. He put the benevolent face back on things. He is a good-looking black law professor with an obvious bent for dialogue and discussion and inclusion. That he hasn’t actually reversed any of Bush’s more notorious policies — hasn’t closed Guantanamo Bay, hasn’t ended secret detentions, hasn’t amped down Iraq or Afghanistan — is another matter. What he has done is remove the stink of unilateralism from those policies.
They’re not crazy-ass, blatantly illegal, lunatic rampages anymore, but carefully-considered, collectively-run peacekeeping actions, prosecuted with meaningful input from our allies.
You see the difference? The Nobel committee sure did!