Why is my Python SAT implementation breaking?

I'm writing a simple platformer in Python and pyglet to learn the language. I've copied some collision detection/resolution code from the XNA Platformer Starter Kit and translated it into Python. However, when I run the code, the player vibrates, teleports, and the physics is just generally quirky. When I comment out the collision code, however, the physics generally behaves as expected (but the player falls through the floor).

This is my code:

*game loop*

player = objects.Player()
platform = objects.Platform(100, 0, 500, 50)
platform2 = objects.Platform(0, -50, 800, 50)

...

def update(dt):
player.vel.x += player.force.x - (FRICTION * player.vel.x)
player.vel.y -= GRAVITY + (DRAG * player.vel.y)

player.prevpos.x = player.pos.x
player.prevpos.y = player.pos.y

player.pos.x += player.vel.x;
player.pos.y += player.vel.y;

physics.resolve_collision(player, platform)
physics.resolve_collision(player, platform2)

if player.pos.x == player.prevpos.x:
player.vel.x = 0

if player.pos.y == player.prevpos.y:
player.vel.y = 0


*collision resolution*

def resolve_collision(object1, object2):
hw1 = object1.size.x / 2
hw2 = object2.size.x / 2
hh1 = object1.size.y / 2
hh2 = object2.size.y / 2

center1 = objects.Vector(object1.pos.x + hw1, object1.pos.y + hh1)
center2 = objects.Vector(object2.pos.x + hw2, object2.pos.y + hh2)

x_distance = center1.x - center2.x
y_distance = center1.y - center2.y

hwsum = hw1 + hw2
hhsum = hh1 + hh2

if abs(x_distance) >= hwsum or abs(y_distance) >= hhsum:
pass

x_intersect = hwsum - x_distance if x_distance > 0 else -hwsum - x_distance
y_intersect = hhsum - y_distance if y_distance > 0 else -hhsum - y_distance

if abs(x_intersect) < abs(y_intersect):
object1.pos.x += x_intersect
else:
object1.pos.y += y_intersect