It's a loaf of bread I tell you, really it is.

Okay, I get it, it's a loaf of bread symbolizing feeding the poor, but, really?

Are people just this stupid? 

It's supposed to be St. Martin de Porres. What a disgusting insult. More saintly pictures can be found here.

Or is it a subliminal clue about the intent of the artists and the people who commissioned it?

http://nationalpost.com/news/catholic-school-covers-up-potentially-suggestive-statue-of-priest