The city's greatest satirists are back and ready to make you laugh out loud with their frank and shocking comedy.

The Tony-Award Winning San Francisco Mime Troupe opens their 53rd season with "The Last Election," a musical satire about "true American values" from the point of view of the country's misunderstood billionaires.

The Summer 2012 season begins July 4 in Dolores Park and will remain there throughout the weekend before moving to Cedar Rose Park in Berkeley.

(SCROLL DOWN FOR VIDEO, PHOTOS)

But don't let the name confuse you. The San Francisco Mime Troupe does not do pantomime (no face paint, stripes or invisible boxes). Instead they invoke the ancient sense of the word "mime," which means to mimic, or satirize.

Started in 1959 by R. G. Davis, the troupe has a tradition of performing free shows in Bay Area parks from July 4 through Labor Day.

The SFMT seeks to make the audience laugh at the everyday oddities of contemporary life. The troupe upholds socialist ideals (the red star is their logo) and recognizes the powerful role of theater in third world countries.

In 1987, the group earned a special Tony Award for Excellence in Regional Theater.

Watch the video below to get a sense of the troupe's range and humor, and then scroll through the photos of this year's show:

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