It doesn't make sense to me that ANYBODY benefits from such institutional racism as remains. It's bad for everybody. But how much remains? IMO not enough to keep a man like Barack Obama from being elected President. If he loses, it'll be on the issues... or because he screws it up himself.
Some blame incompetent federal officials. But if New Orleans had been predominantly white, would those officials have suddenly become more competent? Would Lousiana's incompetent governor, who has since been replaced, have been better? Would the Big Easy's corrupt and incompetent mayor, who was inexplicably re-elected, have been better? I don't think so. No matter what the race of the people in New Orleans, it would still have been all screwed up.
What is it that the "dominant culture" wants, and is there anything wrong with it? I don't think so... and Bill Cosby doesn't think so.