Nike rips off trademarked work

So, it seems that Nike, owner of the world famous a vigorously defended 'swoosh' logo, has taken to ripping off an old punk rawk album cover to promote their skateboarding tour.

As the article on Pitchforkmedia.com says:

You don't need a degree in graphic design to notice the similarities here. They're the fucking same. Oh, wait-- one is blue, not red, one says Major, not Minor, and, uh, okay, there are some Nike logos tossed in there. It sort of brings to mind that old interview in which Vanilla Ice attempted to defend the difference between "Ice Ice Baby" and "Under Pressure" ("dun dun dun duh-duh-duh dun" vs. "DUN dun dun dun duh-duh-duh dun").

Hmm, it's kind of cool when punks rip off corporate logos, but not so much the other way around.