In this paper essay the discussion will be focused on satire and its correlation with freedom of speech. In order to understand the main issue better, the beginning of this paper essay will focus on the freedom of speech and what it includes first. Freedom of speech is not defined equally everywhere in the world which is why the understanding of the freedom of speech in Europe and USA will be specially compared. After defining freedom of speech and opinion, next there will be an explanation of its importance, followed by philosophical and legal view on the freedom of speech. To develop this theme, it is important to explain the boundaries of freedom of speech as well as determinants of hate speech. Afterwards, focus will be set on comparison of an insult and hate speech which are correlated as terms, but misinterpreted most of the time. The central part of this paper essay refers to the term of satire alone, its history, examples and connection to parody. Final part of this paper essay will offer examples of satire around the world. Example set on South Park clearly depics freedom of speech and satire position in America, New bar and Feral Tribune case shows that position in Croatia, and Morar against Romania impersonates attitude and position of European Court of Human Rights.