YT - Let me interpret for you. Obama said: "we don't need to build (spend more money) more highways out in the suburbs (predominantly white areas). We (meaning the taxpayers) should be investing in minority-owned (I would suggest he means black owned) businesses, in our (again he means black) neighborhoods." Or more literally, we should spend money helping black folks, and only in areas where there are black folks, not in areas where it's mostly white folks.
So, yes, I would say you can interpret it to mean, screw you white boys! But that's just my interpretation.
For the record, I don't interpret it that way, but the message is there. If that's not what he meant, Obama should issue a clarification like he always does, when he says what he really means.
I believe it's called a Freudian Slip.