Heh, the video actually makes him look good: Obama dislikes a-holes (who happen to be powerful white men). So the video's saying he's like the vast majority of the people in the world (whites included)...truly damning. (Oh and he attended sermons of religious showman on occasion--God help America!)
Actually, I found the quoted text to be indicative of his ability to reason: he distinguishes between people who aren't racist but who are brought up on racist values and people who are deliberately racist, among other points.
Surprising to think that someone who represents American uber-captial and multinational interests can be so down-to-earth. I'm impressed.
Hell the video might actually increase
sales of his audio tape!