Well how about this, butt lick, explain what he did to deserve it, and then follow up with why he deserved the nobel peace prize.
By doing more to ensure Israel's security than any previous President. And to your second question, not being George W. Bush or any other piece of shit Neo-Conservative.
You really think that giving Egypt those F-16s helpful to Israel's security? The difference between Americans and Isralies is that no one in Israel is stupid enough to think that Shimon Peres has done more to enhance America's security than any previous president of Israel. obama gave him our highest non-military award too. What's Peres done? Anything? Is there anything in your life better because of Shimon Perez?
It was a formality. A courtesy, an international niceity.