Obama is NOT officially the president until second to third week of January! Right now, George W. Bush still rules until then.
There has been some racial slurs between Black and white people right after Obama won the election. There were attempted fights at the middle and high schools, that some children had to call their parents/guardians to pick them up because they were afraid that they would try to start trouble. The CPS had to dispatch for the local LEA to send patrol cars out to the schools. On the 5th, my friend had experienced racial slurs by a black employee while ordering foods at Zaxby's.
I am not sure how one could handle this, but I would try to ignore them unless they don't leave me alone. I haven't experienced racism just yet.
I am afraid this is going to get out of control after then. I hope that Obama or the leaders will try to convince people to not do this anymore.