Correct politically. Incorrect morally.
Care to explain that one?
In a nutshell, libertarians believe that they have the right to do what they want as long as it doesn't involve initiating force on another or committing fraud.
Sounds to me like a 'Don't do to others what you don't want them doing to you' philosophy with the government restricting itself to essential common needs as per the Constitution.
But it isn't meant to be a substitute for a theological philosophy or theological morality.