A panel of mostly young conservatives discusses what it is to be a conservative, particularly in the context of the current Republican primary race:
Conservatives often refer to themselves as classical liberals which sometimes confuses people. This is addressed briefly at the end of the clip and it's pointed out that the values embraced by conservatives were, a century and a half ago, considered liberal.
The ideological spectrum has since then shifted so far to the left, however, that people who today call themselves liberal would have been considered socialists or communists in the 19th century and people who call themselves conservatives today would have been considered liberal in that earlier age.
Thanks to The Blaze.com for the video.