The main reason I prefer that term in most cases is that homophobia, antisemitism, misogyny and other such things tend to travel together.

The other issue is that people confuse the fact that it's generally less harmful for a black person in America to be racist against a white than the reverse with the idea that somebody that's being oppressed can't be racist. Which is just plain silly. And it really does water down the intent. As well as give cover to the more hardcore out there like the neo-Nazis and other supremacist groups.

Personally, I dislike the system because somehow I should be nice to black people even if they're bashing on me for not being straight, at which point these sorts of power comparisons start to look very silly and bizarre indeed.
Usually what's going on there is that it's a power grab. Or an effort to rationalize the bias. There have been definite racist and general bigots out there of all races, saying otherwise makes it a lot harder to have an honest discussion and actually make any sort of meaningful progress.

Anybody that doesn't believe that a black person can be racist should seriously look up the history of the Nation of Islam. It was for a long time a pretty nasty organization led by a real nasty fellow, I'm not sure what's happened with them more recently though.

On topic (a bit):

http://chainsawsuit.com/2011/01/10/huck-fixed/

I called it pages ago as White guilt. He's a clear case of it. His actions are fueled by a desperate need to appear as one of the "good" White guys who isn't racist.

I always find it somewhat ironic how those sorts seem to end up causing even more trouble. Personally, I'm no saint, but at least I admit when I've got a racism problem and man up to it. Which really is about all anybody can really do.

Anybody who thinks that their actions now have any impact on what happened a hundred fiftyish years ago has another thing coming. Besides, we're not responsible for the sins of our fathers, at most for leveling the playing field for future generations.
That's epic, also quite point of fact.

Agreed......

In another thread on this topic someone pointed out how weird it is to replace all instances of nigger with slave, given the origins of the word 'Slave'.

Funny how use + time has removed any racial meaning from one word so much that its now used to censor a modern one...

Is there something to be learned from this?

That we better watch out or next slave will be replaced with indentured servant?

I had no idea slave was etymologically derived from 'Slav' until you triggered me looking it up. The more you know...