That’s right. Much like the last paragraph of Animal Farm. Of course contemporary American culture believes that only white, conservative males can be racists.
In my experience on leftist blogs, it is seriously put forward, and strenuously defended, that only whites can be racist. The reason is that their definition of racism is not the expression of racial predjudice. They claim that the definition of racism is racial predjudice plus the power to make the object of their predjudice suffer thereby. They further claim, even in the face of a black President, that only whites have such power, blacks do not. On that basis, blacks lack one of the two parts of their definition and therefore cannot be racist.
Seriously. This is being taught in colleges!