Jesse Jackson was recently caught on mike and on camera (unbeknownst to him at the time) confiding that he wants to "cut his n#$ts off" because Obama is "talking down to black people, with the Faith Based....".
Translation: Jesse wants to take Barak down a few pegs. He has of course, apologized profusely since the videos airing and Barak has accepted. Ironically, exactly the situation Jackson never wanted to see.
I don't think Jackson's problem with Obama is so much about policy as popularity. He didn't want to see his own stature wane as Barak's rose. Now we actually have Jackson making very public and frequent apologies to Obama, just as many others have come to apologize to Jackson over the years. If there was ever a symbolic passing of the torch, that was it.