I keep hearing this from conservative media.

A point keeps being made about won the Peace prize award, in a negative light. The person stated negatively, on FoxNews this morning, was Arafat. Weird right? Think about who won the award that year...
1994
The prize was awarded joinly to:

YASSER ARAFAT , Chairman of the Executive Committee of the PLO, President of the Palestinian National Authority.

SHIMON PERES , Foreign Minister of Israel.

YITZHAK RABIN , Prime Minister of Israel.

for their efforts to create peace in the Middle East.

Below is a list of others who won this now ridiculed award by conservatives:
1. KIM DAE JUNG for his work for democracy and human rights in South Korea and in East Asia in general, and for peace and reconciliation with North Korea in particular.
2. NELSON MANDELA Leader of the ANC.
FREDRIK WILLEM DE KLERK President of the Republic of South Africa.
3. MIKHAIL SERGEYEVICH GORBACHEV , President of the USSR, helped to bring the Cold War to an end.
4. THE 14TH DALAI LAMA (TENZIN GYATSO) , Tibet. Religious and political leader of the Tibetan people.
5. ELIE WIESEL , U.S.A., Chairman of 'The President's Commission on the Holocaust'. Author, humanitarian.
6. INTERNATIONAL PHYSICIANS FOR THE PREVENTION OF NUCLEAR WAR Boston, MA, U.S.A.
7. DESMOND MPILO TUTU , South Africa, Bishop of Johannesburg, former Secretary General South African Council of Churches (S.A.C.C.). for his work against apartheid.
8. LECH WALESA , Poland. Founder of Solidarity, campaigner for human rights.
9. MOTHER TERESA , India, Leader of the Order of the Missionaries of Charity.

1978
10. The prize was divided equally between: MOHAMED ANWAR AL-SADAT , President of the Arab Republic of Egypt.
MENACHEM BEGIN , Prime Minister of Israel.
11. AMNESTY INTERNATIONAL London, Great Britain. A worldwide organization for the protection of the rights of prisoners of conscience.

1973
12. The prize was awarded jointly to: HENRY A. KISSINGER , Secretary of State, State Department, Washington.
LE DUC THO , Democratic Republic of Viet Nam. (Declined the prize.) for jointly negotiating the Vietnam peace accord in 1973.