the word does not carry any racist connotations, and refers strictly to the foodstuff "rice", which is in fact entirely white.
1)A saying that means to be on to something or close to something.
2)White person getting some Asian sucky-sucky-five-dollar
3)To be correct
Some people think it a slightly racial term because in actuality, rice is brown and is stripped of its protein and converted to dog food. So I guess people think that it means "White is Right!" or something.
Let me get a HooHaw Tuesday!!!