Straight white men are arguably no longer the group which is most favored by the status quo. The remainder of your post is sound though, the "I have nothing to hide" translates well into saying "I am in a position of power, fuck you".
My argument on this point is detailed in a response to a sibling comment, but the TL;DR: is that they are favored by the Supreme Court, which is actively judging on the protections afforded by the privacy clauses by the constitution to people who are non-heterosexual, non-white, and not-men.
