By itself? No. The original character was not political, the community that made “feels bad man” famous as a meme wasn’t political, and many, many, many of the variants still around split off before it was seen as political. Even in the political sphere, there are plenty of left-wing variants too which I would not consider hate speech. A frogpost without context will make me examine someone closer for other clues, but it’s not inherently political or hateful.
By itself? No. The original character was not political, the community that made “feels bad man” famous as a meme wasn’t political, and many, many, many of the variants still around split off before it was seen as political. Even in the political sphere, there are plenty of left-wing variants too which I would not consider hate speech. A frogpost without context will make me examine someone closer for other clues, but it’s not inherently political or hateful.