The most common and most likely answer to this crossword clue is the 7 letter word LAMPOON
I've seen this crossword clue in The Daily Telegraph
L
A
M
P
O
O
N
More clues leading to the result LAMPOON
- Ridicule pool man swimming
- Satirise a politician taken in by rascal
- Make fun of a politician in guise of a fool?
- Fool includes a parliamentarian in satirical attack
- Make fun of a fairly quiet twerp going round
- Ridicule a parliamentarian taken in by an idiot
- Make fun of Frenchman opening part of race naked?
- A politician gripped by crazy parody
- Rascal active politician stops to ridicule
- Ridicule eccentric about topless seductress
Buddy explains!

The straight part
We know that "Satire" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case satire = lampoon.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does LAMPOON mean?
LAMPOON noun- A written attack or other work ridiculing a person, group, or institution.
- To satirize or poke fun at.