This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

Congress Was Gunman's Accomplice: Opinion

NEW YORK (TheStreet) -- When President Obama addressed the nation Sunday night on the massacre in Aurora, Colo., he wisely omitted the name of the accused shooter, James Holmes. It was the right thing to do on a day that was focused on the victims and their families.

It also would not have been quite accurate.

You see, Holmes did not act alone. He had an accomplice. That accomplice was nowhere in sight when Holmes made his first court appearance on Monday. As far as I could see, nobody from the U.S. Congress was present in the courtroom.

Congress provided Holmes' arms and was his supply sergeant. By allowing a 10-year ban on assault weapons to expire in 2004, Congress must surely have known that something like the shooting in Colorado would take place.

There may be no legal culpability, but when it comes to moral culpability for the Aurora cinema shootings, Congress is guilty as hell.

As much as any Internet Web site or gun merchant, Congress put that Smith & Wesson AR-15 semi-automatic assault rifle in his hands.

Congress oiled and installed the 100-round magazine that Holmes had in place on his AR-15 when it slaughtered 12 people.

By allowing ammunition to be sold as freely as alfalfa pellets -- more freely than Viagra or nasal decongestant -- Congress cheerfully provided him with 3,000 rounds of ammunition for the AR-15 and an equal number of rounds for his .40 caliber Glock pistols.

By not restricting sane controls on body armor and tear gas, it allowed Holmes to buy equipment that could only interest cops -- or somebody not wanting to be shot by cops.

Most of the time, when we discuss Congress' failings as a regulator, we are talking about dollars and cents issues -- Congress letting the banking industry go out of control or not exerting control of hedge funds.

But this is life and death. How many more people have to die before Congress acts to restrict sales of assault weapons, high-capacity magazines, ammunition, tear-gas canisters and other weapons of war?

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 +2.54 0.14%
NASDAQ 4,095.5160 +9.2910 0.23%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs