That would depend on what kind of liberalism you are talking about. If you are referring to classical Seventeenth Century liberalism, the kind that the founders practiced, then you are correct. If you are talking about modern American liberalism then you couldn't be farther from the truth. Modern liberals are statists and socialists, libertarians are vehemently opposed to both ideologies.
Who reinvented the language and when? I know you’re right about this, but i never heard a good explanation of who usurped the word ‘liberal’ in politics and turned it around to mean (almost) the opposite.
cheers
I know what they believe and essentially they are anarchists.