Austin [where UT is located] is a STAUNCHLY liberal haven. It shows great promise - if the University lets the display remain - that Young Conservatives have a voice there at all.
That said, I can understand your revulsion at the spirit in which this display has been erected. I'm not sure I can look beyond that, either.
As I said, I assume the students have University permission, and I have no problem with that. I just think it's jejune, but college is a good time to exercise that in a harmless fashion. I just found the "suicide bomber shepherds" to be in questionable taste, so of course I'm being accused of being a major ACLU supporter. It would be nice if some people could see in colors, and not just black and white. ;-D