The subprime meltdown, which, like so many problems is hitting blacks and Latinos harder than whites while Asians are least affected of all, reminds us that the old terms "whites" and "minorities" are increasingly out of date, since the former now often means in effect "Whites plus Asians" while the latter often means "minorities minus Asians." So, we need some new catchy acronyms. Yesterday, I used:
NAM - Non-Asian Minorities
WaA - Whites and AsiansBut you can probably come up with something better in the Comments.