<< I have not yet made my decision on which side I fall on in this discussion, but I would like to point out the difference between having a television station based on your nationality and a television station based on your skin colour. >>
Then consider BET a station for the African nationality if skin color is too polar of a characteristic. It's legitimate because the station covers programming that lies outside of the mainstream.
Would a "White Entertainment Television" station be racist? From a legal standpoint, probably not, though you'd wonder what's the purpose. I'd venture that minority populations are more close to their fellow members than majority populations. This may be a poor analogy, but consider OJ Simpson. I recall polls indicated that 90%+ of the black population thought OJ was innocent in his trial. Now, suppose OJ was white. Do you think 90% of the white population would feel he was innocent? I don't think so. I believe that the black population identfied with OJ because of their day-to-day struggles with police injustice, irregardless Simpson's guilt or innocence. But police injustice is something that the majority typically doesn't have to overcome. It's two different experiences.
Although I am caucasian, I would probably be embarrassed if they established a "WET" channel. This has nothing to do with shame or heritage, but rather that such a station would miss the point of why demographically-oriented stations exists. The caucasian population is too generic and too mainstream for a targetted station.