i agree with everything you said
it's just a different tactic though - whereas the republcians used racism (and homophobia and sexism etc.) to depress voting among certain people and get their base mobilised for pro-corporate policies, the democrats are trying to use multiculturalism / diversity to do the same (basic math - split the vote on pretty much everyone, and get one group really really realyl into your party to vote for you).  It's a little more complicated than that because a positive race/gender/lgbt/class argument can feed into more positive thigns in building a social movement, but right now, i think that's where it stands.

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