There's that little 'abuse' button you can use if you believe someone has crossed the line in exercising THEIR freedom of speech and saying things that YOU don't like. Also, around here, that touchy-feely "hate speech" term is frowned upon. It's too leftist, indoctrinated sounding. In fact, that whole "I can't even believe FR is allowing such hate speech!" sentence really doesn't even belong on a conservative site. It's extremely sensor-minded.
I have only used the 'abuse' button once in all these years. And to refer to someone being upset about "hate speech" being allowed to continue on this forum as being "touchy-feely" is ridiculous. The mods didn't tolerate people who were cheering the deaths of the UN soldiers in Lebanon. They gave a very stern warning about those hateful comments and made it perfectly clear that anyone who wished to continue talking like that would face the consequences. Surely they wouldn't approve of people calling for the death and destruction of ALL Muslims or all Arabs.
FR does sensor comments, and they usually do a very good job of it. Their jobs aren't easy with all the threads that are going at any given time.