The Nobel Peace Prize, of course, is not concerned solely with reducing the threat of terminal nuclear war, but rather with war generally, and preparation for war. In this regard, the selection of Obama raised more than a few eyebrows, not least in Iran, surrounded by US occupying armies.
US military expenditures almost match the rest of the world combined, and the US military is far more advanced technologically. Nonpartisan budget and security monitors report that the Obama administration's request for $538 billion for the Defense Department in fiscal 2010 and its stated intention to maintain a high level of funding in the coming years put the president on track to spend more on defense, in real dollars, than any other president has in one term of office since World War II.
taken from Noam Chomsky's HOPES and PROSPETCTS
Well worth reading the entire article.
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