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(Teddy Roosevelt - aside from National Parks, also attributed to coining the phrases: Speak Softly and Carry A Big Stick and Good To The Last Drop)

Continuing with the other Nobel Peace Prize recipient who was also a sitting President, Theodore "Teddy" Roosevelt (1901, assuming office on the assassination of William McKinley - 1908) received his prize in 1906.

During the election of 1912 he ran as a third party candidate of the Bull Moose Party, losing to Woodrow Wilson (the other Nobel recipient).

Here is a campaign speech he recorded during the 1912 campaign.

Teddy Roosevelt: “The other day in a speech at Sioux Falls, Mister Wilson stated his position when he said the history of government, the history of liberty was the history of the limitation of governmental power. This is true as an academic stigma of history in the past. It is not true as a statement affecting the present.”

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(Woodrow Wilson - Last sitting President to get the Peace Prize)

When the Nobel Peace Prize was recently announced, and the recipient was none other than President Obama, people ran to their history books trying to figure out who was the last sitting President to receive such an honor.

It was Woodrow Wilson, 27th President (even though Wikipedia says 28) (1913-1920), oversaw our involvement in World War 1 and championed The League Of Nations.

If you've never heard him speak (and I suspect a lot of you haven't), here is a campaign address from the 1912 election, when he ran against the third party candidate Teddy Roosevelt (the other Peace Prize recipient - coming up shortly). He's speaking about the role of Labor.

Now you know.

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Liz Cheney told Fox News' Chris Wallace that President Barack Obama should not travel to Oslo in December to accept the Nobel Prize. Cheney called the prize a "farce" that could only be legitimized if family of U.S. military accepted it.

"I think the president himself understands he didn't earn this prize and therefore the notion that this white house has said he would go to Oslo to accept the prize would add to the farce," said Cheney.

She offered the following proposal: "I think what he ought to do, frankly, is send the mother of a fallen American soldier to accept the prize on behalf of the U.S. military. Frankly, to send the message to remind the Nobel committee that each one of them sleeps soundly at night because the U.S. armed forces, because the U.S. military is the greatest peacekeeping force in the world today."

It should come as no surprise that neoconservative columnist Bill Kristol disagrees with the Nobel committee. He responded to the award with sarcasm. "It's hard for me to be objective about this because I'm so disappointed personally. I was up early Friday morning. I thought the phone might ring, you know. Pundits for peace. I deserve it pretty much. President Obama and I have done about the same amount to bring about world peace, I think," said Kristol.