It bears different religious symbols that spell out COEXIST. He then moves it down to his eyes and blindfolds himself, a symbol of being blind to color, race, religion, etc...
True (but I was joking). But Bono has done quite a few karate kicks, like say Mofo. And he does that thing where he lifts his foot up to show he's got "SOUL". I think the crane is the next step in the evolution of the persona.
Yeah there is a crescent, which looks like a C. and then an O. Then the Jewish star which looks like an X. Then an I and an S. And then a Cross whic looks like a T. So it spells COEXIST with religious symbols....