As a white person, I always saw the terms honky or cracker as proof of how much more potent white racism was than any variation practiced by the black or brown. When a group of people has little or no power over you, they don’t get to define the terms of your existence, they can’t limit your opportunities, and you needn’t worry much about the use of a slur to describe you, since, in all likelihood, the slur is as far as it’s going to go. What are they going to do next: deny you a bank loan? Yeah, right. So whereas “nigger” is a term used by whites to dehumanize blacks, to “put them in their place” if you will, the same cannot be said of honky; after all, you can’t put white people in their place when they own the place to begin with.