Today's Nobel Peace Prize award to the European Union is final proof of the descent of the European elites into a self-regarding delirium. Because the one thing the EU project hasn't lacked is self-esteem, and the awarding of prizes to each other. Here's European Commission President Jose Manuel Barroso giving the Charlemagne award to someone, but who awards what to whom is beside the point when you're at this level of pomposity.
I'm so old that I can remember when Private Eye awarded the Bore of the Year award for 2 straight years to the Exchange Rate Mechanism of the European Monetary System.
That joke isn't funny any more.