gringo
n : a Latin American (disparaging) term for foreigners (especially Americans and Englishmen)
It's racist all right, but it's a "liberal-socialist" form of racism - the real racists call the law-abiding folks, who only want what's right, racists.
Great shades of Jesse (I'll shake your honky fanny down) Jackson and "Reverend" Al (If you ain't Black, you must be a racist pig) Sharpton.