Black people can't be racist

Is just one example of the asinine verbatim I hear from liberals all the time. While it is totally ridiculous lets examine their main argument here.

I often hear them say Racism is predicated on INSTITUTIONAL POWER.

What exactly is institutional power? How does one define it? Here is one definition I found per googling it:

"Institutional power is the power of the government, the churches, the corporations. Corporations in particular wield enormous power over our lives. They control how we spend our working day and how we spend our leisure time."


Now maybe I'm a naive idiot, but how is it we have a black president and attorney general, yet black people hold no form of institutional power according to some?

I've also seen them use the example of police, and how police can "be racist" towards black people. Could this not work both ways? Are there not black police officers with the power to discriminate and act in a racist manner towards whites?

How about business owners and employers? Are they not at the head of the institutions power? Do they not make decisions that influence a persons limitations and opportunities in a working environment?