I guess it's a slow year for world peace.

I don't think the Nobel Committee knows that President Bush was limited to two terms. I think they thought that Obama deposed Bush much the same way that Von Stauffenberg tried to depose Hitler--ending his reign of terror for the good of humanity. They don't need to see evidence that President Obama has actually done anything to benefit world peace on his own watch, because toppling the Bushitler dictatorship was achievement enough for one lifetime.

The Nobel Peace Prize 2009

"for his extraordinary efforts to strengthen international diplomacy and cooperation between peoples"

Photo: Pete Souza, Obama-Biden Transition Project, licensed by Attribution Share Alike 3.0
Barack Obama
USA
44th President of the United States of America
b. 1961

Ummmm . . . OK. Extraordinary, huh?