The art of sarcasm typically directed from events that take place in the world. Much like a caricature of the human race. Usually it is done through comedy, but sometimes it is just as serious as the event itself. South Park is know for its satirical episodes. The Terry Schiavo case being one that sticks out.

The best answer to literally anything

Originally, satire was a literary form in which the author used irony, sarcasm, and allied rhetorical devices to express indignation against perceived social vices, follies, or oppressions, and to hold the perpetrators up to ridicule and contempt. In the heyday of the National Lampoon, satire meant calling somebody an asshole. Currently, it consists of people submitting definitions to Urban Dictionary in which they call each other gay, retarded, or both.

A way of comedy, this way of comedy is when the person using it is either not serious and plays a role or it can be seen as 'rude' comedy

an excuse for allowing someone who agrees with you to say something you're complaining about as long as it is an insult to the people you're against.

Any of a series of jokes or statements using the word "Retard" that Sarah Palin thinks are funny.

"You wouldn't know satire if it walked up to you on the street bare naked, bit your ass, and then proceeded to put on a rainbow colored afro wig and started jumping up and down singing 'The time to get a clue is now!'"