The JT / AF situation (yes - it wasn't just 'the Ferdinand' matter Swords) was completely different. That was deliberate racially aggravated abusive language spoken in anger. This was a throwaway 'joke' where, whilst he really should have known better, there was certainly no offence intended and none taken. However, someone in that dressing room thought it warranted sharing, and as such who's to say no offence was given? Until we know who reported it and why, nobody can say.
I would say that Hodgson's 'joke' was ill-advised, and had he thought about it at all, he wouldn't have told it.
Is Hodgson racist? No, I don't think so - he's just old-school. Is that an excuse if any offence was given? No, and the apology was warranted, immediately given, and all sorted. Did he try to lie about it and hide the fact, costing the tax-payer huge sums of money and bringing the game into major disrepute, as JT did? Certainly not.
You just carry on with your wumming, Swords. It's a pleasant thought that you don't know when to stop, and it'll be nice around here once you're gone again, and far more enjoyable.