After Las Vegas Massacre, Gun Stocks Rise and Casino Stocks Fall

Sen. Richard Blumenthal asked President Donald Trump to lead the fight to stop mass shootings

Sen. Richard Blumenthal asked President Donald Trump to lead the fight to stop mass shootings

It is time for American lawmakers to keep aside the ideological rhetoric surrounding the freedom to possess guns, acknowledge the elephant in the room, make a candid introspection of the crisis on hand and work in a bipartisan way to regulate gun laws.

"Hunters need armor-piercing bullets?"

Consider one small example that may be relevant to the Las Vegas shooting: Multiple reports say at least one of Stephen Paddock's guns was modified with a "bump stock". "I'm pleased to say these are now on the way to the scrap heap".

"We can't stop the shootings that have already happened in Las Vegas, Chicago, Roseburg, Oregon, and across the nation".

A Republican-led House committee last month backed the silencer bill by Rep. Jeff Duncan of SC, who said it would help hunters protect their hearing.

"We are all reeling from this horror in Las Vegas", Speaker Paul Ryan said at a news conference.

"One of the few ways the police had to go after this shooter was they could look for the sound, try to hear the sound of where the guns came from", Schumer said on the Senate floor.

Schumer and other Democrats noted that Republicans postponed a hearing on the silencer bill in June when House Majority Whip Steve Scalise and others were shot at a congressional baseball practice. Scalise urged the nation to "respond with countless acts of kindness, warmth and generosity".

Still, top Democrats on Monday revived calls to use this tragedy as a catalyst for gun legislation.

Kentucky's Republican Governor Matt Bevin tweeted: "To all those political opportunists who are seizing on the tragedy in Las Vegas to call for more gun (regulations). you can't regulate evil".

Last year's deadliest attack was the worst mass shooting in USA history until Sunday night. He'll also be meeting with first responders. The legislative push by Democrats was in response to the 2012 Sandy Hook Elementary School shooting in CT that left 20 children and six adults dead.

"Those hundreds of people and their thousands of family members and friends are not going to let this go", he said.

If history is a guide, Trump will become tired of repeatedly being called upon to offer comfort after a massacre, an experience that caused Obama to become increasingly contemptible of lawmakers who refused to act. With the Las Vegas massacre now the deadliest mass shooting in USA history, he suggests the more frequent attacks are a result of radical gun sale changes.

"To my colleagues: your cowardice to act can not be whitewashed by thoughts and prayers".

"It is positively infuriating that my colleagues in Congress are so afraid of the gun industry that they pretend there aren't public policy responses to this epidemic", Murphy said. "It's time for Congress to get off its ass and do something".

Kris Brown and Avery Gardiner, co-presidents of the Brady Center to Prevent Gun Violence, said in an interview that Congress should again try to close loopholes in the national background-check law. An over-affinity for guns among white men, risky against any other backdrop, gets defended as patriotism by many conservatives or even as white pride by those on the alt-right.

Another NRA priority is a bill that would allow gun owners who live in states that allow people to carry concealed weapons to carry them in other states, overriding state laws to the contrary.

"I think it's a mistake when people focus on the difference between a semiautomatic weapon and a fully automatic weapon", Gardiner said. "What we need now is a federal system so we're not left with a patchwork of laws across the country".

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