According to this article, Iran is threatening to boycott the 2012 Olympics because they say the logo is racist. Why? Because they think it spells the word “Zion.” Amazingly for what is typical these days, the International Olympic Committee (IOC) rejected their complaint.
I say, “Go for it, Iran! Go right ahead and boycott these Olympics.” Their absence won’t do them any good, and they probably won’t be missed.
As for the validity of their claim, I couldn’t even figure out what the logo was intended to mean. (Nor could I see the word “Zion” in it.) Since I’m not that good with decoding images anyway, I asked my wife, who (being an art historian) is much better, and she couldn’t figure it out, either. Why work yourself into a lather over something like this, unless your whole point is to make infidels be forever worried that they might offend you?