What a woman has if she has nothing against peopleoutside of her own culture or race, but just does not find them attractive or want to have sex with them.
"No I'm sorry, I can't have sex with you; you see, I have a racistvagina."
Courtney asked Kirk if he likes black women. He replied 'No, only white women, I'm a vagina racist'.
Or
Sure she good looking, has nice teeth, makes a lot of money, is independent and listens to country music. But I'm not banging that chick because I'm a vagina racist!