Two points. One, Churchill should be fired because no one who makes such statements should be supported by taxpayer dollars, period. (It "makes him a martyr" only among idiots who already sympathize with him anyway. Don't buy that nonsense. It's just timidity disguised as sophistication.)
Two, there have been been some great nicknames for him from right-wing columnists or their headline writers: "Sitting Bulls--t" and "Psychiatric Ward." Pass it on!!!!
And if CU has the stones to do this, I'm sure he will have an endowed chair or at the very least a tenured position in Ethnic Studies waiting for him at Berkeley.