Obama, along with first lady Michelle Obama, walked into Oslo City Hall at 1 p.m. to a trumpet fanfare and sustained applause.
"I receive this honor with deep gratitude and great humility," he said. "It is an award that speaks to our highest aspirations - that for all the cruelty and hardship of our world, we are not mere prisoners of fate. Our actions matter, and can bend history in the direction of justice.
"And yet I would be remiss if I did not acknowledge the considerable controversy that your generous decision has generated. In part, this is because I am at the beginning, and not the end, of my labors on the world stage."
Mother Theresa received the Prize for fighting poverty and is still flourishing. It was a wise thing for the Norwegians to commit the President to do what they desire.
He deserve the Nobel Peace Prize for trying to end all the wars and mistakes the last administration started.
Our President had the audacity to say we are not prisoners of fate in acceptance of the Jokebell peace prize, i beg to differ i am a prisoner of fate. All you morons that voted him into office have made me a prisoner of fate ! Thank you very much , be careful what you ask for you just might get it! a true american!
The prestige of the noble peace prize has been greatly diminished.