I can kinda see where you get the homophobia but the racism?
Calling someone a cocksucker is just an insult. Might not be used as much today, but watch Scarface for more examples.
And from Wikipedia:
Vatnik or vatnyk (Russian: ватник) is a political pejorative used in Russia and other post-Soviet states for steadfast jingoistic followers of propaganda from the Russian government.
So racist? No. I'm making fun of people who swallow Russian propaganda without thinking.