See George Yancey's book Who Is White?: Latinos, Asians, and the New Black/Nonblack Divide. This sparked a host of articles when it came out in 2005; the meme has been fairly present among demographers and academic sociologists.This sounds somewhat depressingly plausible to me -- I'll have to read the book.
The problem (or opportunity for the Steve Sailers of the world), is that the data are most suggestive of the persistence of out-group reactions to blacks rather than everyone feeling groovy about South Asians, Hispanics, and other minorities. that is - the dominant thread here is not that you and I are largely considered white, it's that Barack Obama never will be (except by Cornel West).
This article available online at:
http://www.theatlantic.com/politics/archive/2007/05/minority-report/40233/
