Either he's a very naive man, who can't see obvious moral failings in his associates or he's content looking the other way in the face of wrongdoing to gain political advantage.
You realize that also describes George W. Bush, right?
Actually, I've said in the past that I thought that Bush was too loyal to people who didn't deserve that loyalty. See, e.g., former AG Albert Gonzales.
But I guess, in Snarf's mind, Bush's failings excuse Obama's failings.
