The term Honky Donkey is a derogatory term used to describe an irritating white person or a person of the caucasian phenotype who you just want smack upside the head for their ignoramus stupidity. A synonymous term or a term that can be used interchangeably, in order to hammer the point home, could be: Cracker Jackass.
Classic Exemplar: Donald J Trump aka Honky Donkey-in-chief aka Crack JAckass-in-Chief
If it looks like a honky, walks like a honky and talks like a honky, then by default it's a donkey.... hence Honky Donkey.
(feel free to swap out honky for cracker and donkey for jackass, should the honky donkey you're berating, not understand what you're going on about).
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