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Nothing “objectionable” actually. But the article says those groups you mentioned may NOT use the university’s facilities. Maybe I misread.

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Also, unofficial clubs that support candidates whose views are contrary to the university’s Christian mission will not lose their status, but will not be able to use the college’s facilities to endorse such candidates, Falwell said.

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Below is a link to another article that explains the club will be able to use the college facilties:

Under the new policy, the unofficial organizations won’t receive school funding but may use the Liberty name and meet in school facilities if they make it clear the university doesn’t officially endorse them.

http://www.libertystudentnews.com/2009/06/university-and-dem-club-makes-agreement/comment-page-1/