From Power Line:

Unfortunately, it may well be the case that [Paul]  Krugman won his award [this year, in Economics] due at least in part to his left-wing, anti-Bush commentary. Every year, we have occasion to note the leftist bias of the Nobel awards. The prizes seem to have become, in part, a method of rewarding Bush’s harshest critics, Al Gore and Jimmy Carter for example. If there’s a chemist out there who has written an anti-Bush op-ed, there may well be a Nobel Prize in his or her future.

The Nobel Prize is just another example of an institution whose veneration once crossed ideological lines, but that the left has long since captured. Other such institutions include the NAACP, the New York Times, Amnesty International, and (though it was never really venerated) the American Bar Association. The left’s "long march" through these institutions has deprived them of their credibility and their status as honest brokers.

In the case of the Nobel Prize, the money must be welcome. But as honors go, a Nobel Prize in anything relating to public policy is not much more meaningful than praise from the Daily Kos.

 Thomas Lifson reveals in The American Thinker:

Another piece in the puzzle of Barack Obama has been revealed, greatly strengthening the picture of a man groomed by an older generation of radical leftists for insertion into the American political process, trading on good looks, brains, educational pedigree, and the desire of the vast majority of the voting public to right the historical racial wrongs of the land.

The New Party was a radical left organization, established in 1992, to amalgamate far left groups and push the United States into socialism by forcing the Democratic Party to the left. It was an attempt to regroup the forces on the left in a new strategy to take power, burrowing from within. The party only lasted until 1998, when its strategy of "fusion" failed to withstand a Supreme Court ruling. But dissolving the party didn’t stop the membership, including Barack Obama, from continuing to move the Democrats leftward with spectacular success.