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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Could Shooting Be a Gun-Control Tipping Point?

By Calvin Woodward

WASHINGTON (AP) -- The question surfaces each time a mass murder unfolds: Will this one change the political calculus in Washington against tougher gun control?

The answer, after the Virginia Tech killings, the attempted assassination of Gabby Giffords, the Colorado movie-theater attack, the Wisconsin Sikh temple shootings, and more: No. But now?

The massacre at Sandy Hook Elementary School in Newtown, Conn., the bloodiest attack against youngsters in the nation's history, stands as a possible tipping point after Washington's decade-long aversion even to talking about stricter gun laws.

So it seems in the stunned aftermath, judging from President Barack Obama's body language as much as his statement. "We have been through this too many times," said the famously composed president, this time moved to tears. "We're going to have to come together and take meaningful action to prevent more tragedies like this, regardless of the politics."

It remains to be seen whether Sandy Hook will break the usual cycle of universal shock fading into political reality. That reality is based on a combination of powerful gun lobbying and public opinion, which has shifted against tougher gun control and stayed that way. However lawmakers react this time, it's the president's call whether the issue fades again or takes its place alongside the legacy-shaping initiatives of his time, with all the peril that could mean for his party.

With the murder rate less than half what it was two decades ago, and violent crime down even more in that time, gun control has declined as a political issue.

But New York Mayor Michael Bloomberg, a gun control advocate, heard the familiar in Obama's initial response, despite the striking emotion.

"Not enough," Bloomberg said of Obama's words. "We have heard all the rhetoric before. What we have not seen is leadership -- not from the White House and not from Congress. That must end today."

The Newtown shooter brought three guns into the school, and the weapons were registered to his slain mother, according to a law enforcement official who was not authorized to discuss information with reporters and spoke on condition of anonymity. The official said a Glock and a Sig Sauer, both pistols, and a .223-caliber Bushmaster rifle were found in the school after the attack, and a fourth weapon was recovered outside.

1 of 3

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.
Submit an article to us!
DOW 16,979.13 +59.54 0.35%
S&P 500 1,986.51 +4.91 0.25%
NASDAQ 4,526.4820 -1.0320 -0.02%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

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