This Day On The Street
Continue to site right-arrow
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
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Congress Was Gunman's Accomplice: Opinion

Will it take the killing of 120 people next time? Or will Congress only act when this nation's insanely lax gun laws are exploited by terrorists, and result in politically motivated slaughter of innocents by agents of Al Qaeda? Will even that make a difference?

President Obama didn't even hint at the assault weapons ban in his address Sunday night, and I suppose that's OK. It might have been viewed as tacky. But he needs to seize the initiative. The shooting in Colorado gives his administration a golden opportunity to take the side of the American people against the gun lobby, in an issue that has overwhelming public support.

I'm not naïve. Even if the president attempts to exert leadership on this issue, I doubt very much that Congress, in an election year, is going to ban the sale of assault weapons that should only be in the hands of law enforcement and the military. When it comes to guns, Congress shows off its yellow streak proudly, almost defiantly.

In fact, that's the difference between Holmes and his unindicted coconspirator: Congress is more premeditated, more corrupt, more aware of the consequences its actions. There is no question about its sanity.

Unlike Holmes, who can be expected to make repentant noises as soon as he snaps out of it, the members of Congress who are responsible for its paralysis on gun control can be expected to be as snarling and defiant as a cheap gangster in a pre-Code Jimmy Cagney movie.

Take this nugget of sophistry, for instance: "I don't think society can keep sick, demented individuals from obtaining any type of weapon to kill people," Sen. Ron Johnson, Republican of Wisconsin, told Fox News on Sunday.

By that kind of logic, we should just repeal all gun control measures and let the nuts and hoods roam the streets, armed to the teeth, countered by a similarly armed citizenry. The entire United States would be like the Wild West. Yee-haw! (But then again, frontier towns like Tombstone had strict laws against carrying guns within the city limits.)

2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

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

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
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.
Submit an article to us!
AAPL $124.94 -1.10%
FB $82.63 -0.68%
GOOG $548.00 -0.73%
TSLA $188.50 -1.10%
YHOO $44.44 -1.15%


DOW 17,776.12 -200.19 -1.11%
S&P 500 2,067.89 -18.35 -0.88%
NASDAQ 4,900.8850 -46.5560 -0.94%

Partners Compare Online Brokers

Free Reports

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