Yasser Arafat won the Nobel Peace Prize in 1994. At least he signed the Oslo Accords, which means he picked up a pen and pretended that he wanted peace. Dear Leader hasn't even done that.
This is like giving a Life-Time Achievement Oscar to a 6 year old actor or actress. It's a joke from a group that has done nothing but demonstrate their political leanings for the last several decades now. It's an embarrassment to them, and in some sense to Dear Leader because he can't even explain why he received it.
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