So, you bring up a bunch of standard anti-Semitic stereotypes, say it's not Jews, say the stereotypes are all true but it's another group (whew!), and that the Jews are part of that group (oh dear!)...so it is Jews after all...but don't worry! Because we have a proxy, "whiteness", at which to direct our hatred, it's all cool!
Awesome. It's so much better for a pogrom to be directed against (white?) Jews due to "whiteness" than "Jewishness".
If this kind of thing were from someone with a right-wing perspective, the dog-whistle would be blowing so loudly it'd be deafening. "See, you can't call us anti-Semitic, wink wink!"
I don't quite know what you were going for, but the result is all kinds of awful.