Found the Hillary context. And I was right, Rev Wright started the sermon in the context of how God sent his son to us in a manger, reflecting his position that the poor are no less worthy in his eyes than the privileged. That, is a good message.
However, the Reverend then goes on and veers away from that very important message and gets distracted by rhetoric about black and white people. As far as I am concerned, this still ended up being a hate-speech. The anger was palpable, the anger was directed and the anger, justified or not, was inappropriate and inflammatory.
Watch how the video starts and the unfortunate way it ended (which was focused on by the American media). I apologize for the poor video quality, but it was the audio that was far more important.