Peggy Noonan:

It was always absurd that Ronald Reagan, whose political project led to the end of the gulag and the fall of the Berlin Wall, and who gambled his personal standing in the world for a system that would protect the common man from annihilation in a nuclear missile attack, could not win it. But nobody wept over it, and for one reason: because everyone, every sentient adult who cared to know about such things, knew that the Nobel Peace Prize is, when awarded to a political figure, a great and prestigious award given by liberals to liberals. NCNA--no conservatives need apply.

Reality.