Racism in America

http://youtube.com/watch?v=P_9al4IQOhk
Barack Obama gave a speech on racism in america, I think he is the first presidential candidate to address this problem. What do you guys think about Racism in america? Barack Obama?

Racism is simply an ugly form of collectivism, the mindset that views humans strictly as members of groups rather than as individuals. Racists believe that all individuals who share superficial physical characteristics are alike: as collectivists, racists think only in terms of groups. By encouraging Americans to adopt a group mentality, the advocates of so-called "diversity" actually perpetuate racism.

It is the federal government that most divides us by race, class, religion, and gender. Through its taxes, restrictive regulations, corporate subsidies, racial set-asides, and welfare programs, government plays far too large a role in determining who succeeds and who fails. Government "benevolence" crowds out genuine goodwill by institutionalizing group thinking, thus making each group suspicious that others are receiving more of the government loot. This leads to resentment and hostility among us.