Kathy over at Beyond Words gives a link to the entire context of Pastor Jeremiah Wright’s sermon. The video clip is well worth listening to.
It's become very commonplace in our culture to quote people out of context in a way that casts them in the worst possible light. What bothers me terribly is that Christians apparently don't think that such selective quoting is a sin.
So it appears that Pastor Wright isn't actually preaching a message of hatred against America; not quite the picture that much of the media seems to want us to have.