Obama accepts Nobel Peace Prize

Obama accepts Nobel Peace Prize

OSLO, Norway (NBC) - President Obama arrived in Oslo, Norway Thursday morning to accept the Nobel Peace Prize.

Not yet through his first year in office and at war on two fronts, the president is accepting this prize today as a call to action.

"When Dr. King won his prize, it had a galvanizing effect around the world but also lifted his stature in the US in a way that allowed him to be effective," said Obama.

Barack Obama joins Theodore Roosevelt and Woodrow Wilson as the third sitting American president to win the prize.

The prize cites his extraordinary efforts to strengthen intern diplomacy and cooperation between peoples.

Its being award just nine days after the President announced plans to send an additional 30,000 troops into Afghanistan.

And predictably, many question whether the president has earned this ultimate honor.

"This is something that is given in response to the hope, the excitement, the enthusiasm Barack Obama has inspired not to the results and actual peacemaking that he's achieved," said John Harwood, CNBC Chief Washington Correspondent.

Security was extraordinarily tight, especially by Oslo standards. But Norwegians offered him a warm welcome on this historic day. The president is donating the one-point-four million-dollar cash award to charity.