Hell, "Hip Hip Hooray" was a rallying cry for killing Jews and "picnic" was a term used to refer to the lynching of a black person.
For those not in on the joke:
Picnic is A) French and B) had nothing to do with lynching black people.
Hip Hip Hooray is definitely not a rallying cry for killing Jews. It is believed to be Hungarian in origin, though to be fair, it is derived from a battle cry. It certainly predates the 1800s. While it is true that it has been used when killing Jews, it has been used when killing a great number of people, so the idea that it is somehow anti-Jewish is just plain stupid; really its more of a "rah rah rah" than a "kill those filthy people" kind of thing.
However, there are real examples; the word gyp, which now means to cheat or swindle, but which was derived from the term gypsy (because gypsies would supposedly gyp people). Barbarian would be another example.
In any event, there are no words which are only "for" certain people, and let's face it - the word nigger has become LESS banned precisely because idiots use it. The more you use it, the less power it has. This is why people who swear constantly tend to lose a lot of their edge the more you listen to them, but when someone who is normally very polite says "FUCK", you know something meaningful is coming along.
One could argue that the only people who are allowed to use the word nigger are niggers. Anyone who whines about it being "their word" is being, frankly, retarded.
It also has not always been quite as offensive as it is today, and other words (like negro) have likewise become more offensive over time. In two hundred years, we may not think of the words as even being offensive; saying "gay" or "homo" or whatever may be completely baffling to them; it wouldn't surprise me if in thirty years calling something "gay" is like saying "groovy".
As for faggot, meh. Yeah, its demeanining, as is describing something as "gay", but frankly, the word "gay" AND the word "faggot" were already stolen, so people stealing it and using it for something else doesn't exactly draw my ire.
This post has been edited by Titanium Dragon: 01 December 2010 - 08:38 AM