Screw cultural baggage. If we can be progressive about everything else, why can't we be progressive about the way we view race? Sure, there was and is hate, there is bad history, but isn't it time we as a society moved past it? There will never be true equality while we're squabbling about which races we're allowed to make fun of and which ones we aren't.

If your counterargument to that is that there will never be true equality, then there is no point even discussing what is racist and what isn't. If your counterargument is that we're just not there yet, then oversensitivity isn't going to get us there any faster.