Normally, I'm not posting this kind of pubescent stuff, but this one is particularly funny, hence has a pubescency/funnyness ratio well within an epsilon vicinity of zero. So let's go:
What you see here, is the logo of the 'Instituto de Estudos Orientais' (Institute for Oriental Studies) of 'Universidade Federal de Santa Catarina' and in my eyes, you see the top of the 'all time hall of fame' of unintended indecency. Hm, may be it is not 'unintended'. Maybe they specialise in ... er ... no ... it is very likely 'unintended'.
(via BoingBoing)
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by the way, my proposal to solve the problem is to be found here