The odd thing about the controversy about Egyptian president Mohammed Morsi's anti-Semitic comments is that while everyone professes shock at--while debating the significance of--his standard-issue Muslim Brotherhood-style anti-Semitism, everyone has been completely ignoring his standard-issue Muslim Brotherhood-style anti-Americanism. (He refers in the very same video to "the Zionist and American enemies" as the culprits behind the Palestinian Authority.) And while one might conceivably conclude that his crude slurs about Jews being "descendants of apes and pigs" reflect mere personal prejudices of little geopolitical significance, his labeling of Americans as "enemies" is a bit harder to dismiss so cavalierly.
And that's presumably why it's being ignored. To a large segment of the American (and global) foreign policy and journalistic establishment, Morsi's anti-Americanism isn't irrelevant--rather, it's a perfectly reasonable sentiment that needs to be downplayed to avoid inflaming the uneducated yahoos who don't appreciate its wisdom.