If you want to read an EXTREMELY respected scholar on this subject, pick this book up:
http://www.amazon.com/exec/obidos/tg...06358?v=glance
Some of the stuff he writes doesn't necessarily agree with what you wrote, but it's a much, um, deeper analysis.
Fergie's white, btw, but you knew that right?
My wife is white, too. And she happens to really like that song...but she and I have a much different read of it.
If anything, I would say Fergie and the BEPs wrote it exactly opposite of what you interpreted. Like much of what they write, it's social commentary. Please re-listen to it, because the lyrics are actually speaking about what you're writing about here (although on a general level, rather than a racial one). The group is comprised of minorities, not jsut black people. I have to jet, but I'm actually prodded to look up just how many afro-americans are in the group--not many if any if I recall correctly.
In sum: Fergie is singing about objectification. She also hit it on the head...and it's telling that you quote her and then say: see, this is a perfect example of the objectification of women, to which she would agree wholeheartedly and prolly smile cuz you got the point.
But did you get the other point? that men, in a general sense, are pigs toward women. A lesson my wife learns every time she goes down to the club and takes some poor slep's money for a lapdance.