http://talkingpointsmemo.com/archives/2013/07/the_weirdest_story_in_the_history_of_the_world.php?ref=fpblg
Occam's Razor basically says that the explanation for something that requires the least amount of caveats and additional explanations is probably the accurate one. Put another way, the simplest answer is most likely to be true.
The US did business with Morsi because he was the head of the Egyptian government. He was more or less democratically elected. Egypt is an important country. So we dealt with him.
That didn't mean we liked the Morsi government anymore than we like the Putin government or the Karzai government or the Castro government.
Obama has routinely dealt with the world as it is. That has apparently rendered him unknowable to large swaths of the planet who only see the world as they want to see it.
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