I'm not pooh-poohing anything; I'm saying that whatever joy it brings oppressed people to see one of their own rise to such a position, this can only really be done by disarming their struggles and making them less dangerous to the oppressor.
As enjoyable as it is to upset the racists - and I enjoyed the way the racist Ashkenazi politicians in Israel responded to Amir Peretz, a Moroccan Jew, winning the chairman election in Labor in 2005 - it is not our job. Our job is to build a vanguard party based on the advanced consciousness of the working class. And anyone active in the left in the US will tell you that Obama's election was and is an absolute disaster to militant black struggles. I have no doubt that the election of a Palestinian to a similar position in Israel - something which I'm sure we can all agree is almost completely impossible - it would be no different.
We in the ISL have a very simple principle - we do not lie to the masses. If we think something is a defeat, we don't dress it up as a victory, even a partial one.
I agree that as far as class struggle, electing Obama means nothing. But many of us are tied to these issues in a very personal way and seeing racial supremacists unhappy just lifts our spirits. But I agree that it doesn't get us anywhere closer to revolution.
It has been illustrated by numerous people that capitalism has brought the world to a point where enough "stuff" can be produced for everyone in the world. Capitalists' fears of overproduction is now the only thing holding industry back from producing enough for everyone. This fact, along with Fannon and others' analysis that implies "everything the working class gets from the capitalists must be extorted" form our most untapped avenue for persuading people to fight for international communism.