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Mutual Funds

Mutual Funds

Mutual funds have become a very common investment option for many investors due to the professional manner they are managed. These are part of collective investment schemes that draws funds from different investors and utilize them in different investment options like stocks, bonds and other money market instruments. These funds are duly managed by qualified investment professionals with proper market insight. In this sense these funds are able to achieve a higher performance that can beat the market average. The onset of the global financial crisis led to a great dip in the performance of major market instruments like stocks and bonds and in such situation the mutual funds were probably the best option for the investors due to investment insights from the money managers who are given the responsibility to undertake the management of the funds to meet the investment objectives of the investors. American funds growth fund of America class A and Putnam fund for growth and income class A are some of the major mutual funds in the US market and have been in focus following the global financial crisis. This paper will therefore use the five year data for the fund and critically analyze the information gathered for the two mutual funds (Northcott, 2009).

Market data for five years:

The table below shows the annual returns data for the two mutual funds for the last five years.

year PGRWX AGTHX

2006 15.82% 10.94%

2007 -6.17% 10.95%

2008 -38.85% -39.07%

2009 29.4% 34.48%

2010 14.08% 12.28%

Average return 2.856% 5.916 %

AGTHX had a standard deviation of 17.56 over the five year period while PGRWX had a standard deviation of 19.4 over the same period.

From the table above PGRWX recorded a higher return of 15.82% in 2006 than that of AGTHX which was 10.94%.In 2007 however AGTHX was quite resilient to the effects of the financial crisis and was able to record a positive performance of 10.95% while PGRWX was affected and recorded a decline in performance to -6.17%.In the year 2008 the effects of the global financial crisis caught up with all the mutual funds and hence both of them recorded a sharp decline in performance with the value of returns dropping to 38.85% and -39.07% for PGRWX and AGTHX respectively. The two funds however recovered well in the year 2009 with both of them recording positive results at 29.4% and 34.48% for Putnam fund for growth and income and American growth funds of American fund respectively. It’s however worth noting that American funds growth fund recorded a higher return than Putnam growth and income funds. The economic challenges of the year 2010 led to a decline in performance for the two funds and hence both of them recorded a decline in performance though they still remained in the positive return territory.

The standard deviation would be as follows for the two mutual funds.

An investment of $10000 in January of each year would lead to returns as follows for the mutual funds:

Year PGRWX AGTHX

2006 10000*0.1582 =1582+10000 =11582 10000*0.1094 =1094+10000=11094

2007 21582*0.0617 =-1331.609+21582= 20250.391 21094*0.1095 =2309.79+21094=23403.79

2008 30250.391*0.3885=-11752.277+30250.391=18498.1639 33403.79*0.3907=-13050.86+33403.79=20352.93

2009 28498.1639*0.294=8378.46+28498.1639=36876.62 30352.93*0.3448=7017.69+30352.93=37370.62

2010 46876.62*0.1408=6600.23+468706.62=53476.85 47370.62*0.1228=5817.11+47370.62 =53187.732.

The table above shows the returns and the values of the portfolio invested in the two mutual funds. From the calculations PGRWX will have a value of $53476.85 if $10000 was invested at the beginning of each of the five years. AGTHX on the other hand will have a value of $53187.732 if $10000 was invested at the beginning of each of the five years. From the above results PGRWX has a slight advantage over AGTHX since it derives higher returns (yahoofinance.com).

Discussion:

Mutual funds are collective investment schemes that use a pool of funds from different investors to derive desirable returns based on the risk provided by the investor objectives. These funds are managed by professional fund managers who closely monitor the market dynamics and make decisions based on the investors risk profile and investment objectives. These funds are able to perform better and outclass the market averages. Despite the difficult economic times posed by the global economic crisis the two funds could realize positive returns for an investor who puts $10000 over the 5 year period with PGRWX realizing returns of 6.95% while AGTHX deriving returns of 6.3% over the same period. This is a clear indication that despite the difficult economic conditions the mutual funds are still able to generate some returns for the investors. The American funds growth for America is one of the funds that have stood out to be the professionally managed funds in the US market. This fund benefits from the input of highly talented professional fund managers who have for a long time specialized in growth stocks in the market. The fund combines a portfolio that comprises of at least 65% growth funds that have a perfect history of dividend and hence the investors are able to get excellent returns. The fund further diversifies the portfolio by including small component of debt funds as well as foreign shares to insulate the investment against the local economic conditions. A keen look at the five year results clearly shows that the company was able to maintain a strong growth in returns part from the 2008 period where the global financial crisis really affected the fund. This could be attributed to the funds inclusion of foreign funds and debt instruments which performed poorly during this period. The fund has since recovered fully and continued with positive growth in 2009 and 2010 period. It’s among the largest mutual funds with current asset base of 162 billion and hence it might be affected in the future due to the large size. This fund however remains a strong investment vehicle that can be resilient to difficult economic times and I strongly recommend it to investors especially with diversification and period income objectives. The fund is also important for investors who desire stability in their investments as the fund has proved to be stable enough over the period with returns of 6.3% for $10000 invested over the 5 year period.

Putnam fund for growth and income is also another key mutual fund in the US market and as seen in the results the fund was able to register positive results over the five year period apart from 2007 and 2008 period that it registered negative returns. The funds seek periodic income as well as appreciation in the capital of the investors hence it’s a comprehensive fund. The fund therefore looks for common stocks high values and has prospects of capital growth to achieve the objective. The fund has for many years concentrated on stocks that are believed to be undervalued to derive reasonable returns as they achieve their real values. This fund was able to achieve high rates of income growth in 2006 and 2009 but slowed down in 2010.The fund was however affected in 2007 and 2008 respectively due to the global financial crisis and this clearly demonstrates the significant level of risk that the fund can suffer from. The overall performance was however higher than that of AGTHX due to the high risk profile of the portfolio. The fund has positive prospects due to its small size which will make it easier to administer compared to AGTHX.The fund currently has assets valued at $5.56 billion.

Although the two funds have shown their potential to succeed even during difficult economic times. AGTHX is the most stable fund but with reduced returns and this can be seen in the five year investment of $10000.This fund also proved to be the most resilient of the two since it could only be affected in 2008.Putnam fund for growth and income on the other hand has shown a great appetite for both growth and income and hence the fund exhibited significant level of risk which can be reflected in the returns for the five years.

The two funds have therefore provided some insights on the major benefits of investing in mutual funds. As such they have been able to prove as viable investment vehicles due to their simplicity and ability to match the investors risk profile as well as investment objectives. The investors will normally have a prior knowledge of the type of investments they will be making and also the level of risks and returns associated with such investments. They also provide a perfect form of investment even for small investors and hence the investors are able to reduce the cases of losses. In both funds there is significant amount of diversification on the part of investors and this allows the investors to spread the risks. These funds also provide higher level of economies of scale as they reduce the costs of administration of investment process. This is passed on to the investors who are able to pay small fees. Finally the funds provides incentive to the investors who are able to get the services of professional investors and this will increase the chances of success in the portfolio and above all the investors enjoys the flexibility of being able to join or quit the fund at their own will (Tyson,2009).

Conclusion:

The two funds have clearly demonstrated that mutual funds can be very resilient to economic conditions and despite the effects of the global financial crisis the funds were still able to maintain positive returns in the five year period. I however strongly recommend AGTHX since it stands out to be the most stable fund.

References

Tyson,E.(2009). Personal Finance for Dummies. Indianapolis, IN : Wiley Pub.

Northcott,A.(2009). The mutual funds Book: How to invest in Mutual funds & earn high

Rates of returns safely. Ocala, Fla.: Atlantic Pub. Group.

Yahoofinance.com.(2011).” American Funds Growth Fund of Amer A

(AGTHX)”Performance.Retrieved June 21,2011.From

HYPERLINK “http://finance.yahoo.com/q/pm?s=AGTHX+Performance” http://finance.yahoo.com/q/pm?s=AGTHX+Performance.

Gun Control, National Rifle Association

Gun Control

Contents

TOC o “1-3” h z u HYPERLINK l “_Toc379184872” Introduction PAGEREF _Toc379184872 h 1

HYPERLINK l “_Toc379184873” Political Considerations in Gun Control PAGEREF _Toc379184873 h 1

HYPERLINK l “_Toc379184874” Federal Laws PAGEREF _Toc379184874 h 2

HYPERLINK l “_Toc379184875” The Pros and Cons of Gun Control PAGEREF _Toc379184875 h 4

HYPERLINK l “_Toc379184876” Special Groups and control PAGEREF _Toc379184876 h 7

HYPERLINK l “_Toc379184877” National Rifle Association (NRA) PAGEREF _Toc379184877 h 8

HYPERLINK l “_Toc379184878” NRA Controversies PAGEREF _Toc379184878 h 9

HYPERLINK l “_Toc379184879” Conclusion PAGEREF _Toc379184879 h 9

IntroductionThe subject of gun regulation is controversial in the view ownership, use, and misuse. Over eighty million people own guns in America, this represents about of all the homes in America are in possession of a gun, or some kind of firearm. The political arm of the society has tried to push for legislation related to gun control and regulation. State gun laws vary greatly from depending on many geographical and political factors, with about sixty percent of Democrats and thirty percent of Republicans swaying towards enacting of stronger gun ownership.

NRA which stands for National Rifle Association was formed in 1871, as a group to assist people improve their skills in marksmanship. The group was later so much heavily politicized in the late 1970s, with newer members of the group wanting to focus more on halting gun control legislation, instead of the original vision of enhancing recreational hunting and an association aimed at safety training.

Political Considerations in Gun ControlThe contentious issue of gun control has garnered alot of political debate , that have seen, many books and articles written about the subject. The political debates about gun control are largely about public policy making. The NRA as an organisation has overly politicized the issue of gun control. The US gun control laws are among the most permissive in the western world. Most Americans are quite divided on the subject of firearms control, with some people supporting stricter firearms laws, and those who prefer for the laws to remain the same way they are. The public opinion also is divided on the contentious topic, and how to address the underlying issues on the best approach to apply in gun control policies.

The topic of gun control attracts more debates that mainly revolve on the matters of safety. Since guns are weapons that may be used for a variety of purposes, some can be the the wrong hands and may be used for unwarranted killings. There are some people who would wish to make it more difficult for people to get the kinds of guns that are manufactured the the sole purpose of killing people, and leaving those kinds of firearms that are used primarily for hunting. The Washington legislator faces alot of challenges when dealing with the matter, together with the worry of how the political opponents will scrutinize them on their opinion on the matter.

Federal LawsSowell, (123) argues that the Brady Law and The Assault Weapons Ban are some of the most important gun control policies by the federal government. The Brady Law was enacted in 1994; this policy required that a criminal background check was conducted on people, before they were sold a firearm. The law was named after the then press secretary to the president Ronald Reagan, Mr. James Brady. This was a precursor of the assassination attempt on the president in 1981, which was seriously injured. It focused on establishing a national criminal background check system that kept records on criminals’ and the mentally unfit, with the view of not letting them have access to guns.

Most gun control regulation policies come from several parts of the United States Federal law. The Second Amendment to the United States constitution has given rise to the debate whether the amendment only protects the militia service, or whether it protects the personal right to have ownership of firearms. Many events have occurred that have made the government to react to issues related to gun violence, such as the Tucson shooting. In the early twenty first century, the political atmosphere was much not of the notion that some significant changes will happen in the federal or state gun laws. There are many clear indications that public policy changes on gun control can be made, or can be introduced into the congress soon. The main reason cited on why people need to own guns id primarily for personal protection, from criminals, or from whatever sources of threat.

Literally, most debates on gun control began after the aftermath of John F. Kennedy, Martin Luther King, and Robert Kennedy assassinations. Individual gun rights policies were enacted by the congress known as the Gun Control Act of 1968. The second Amendment rhetoric in the 1970s escalated as an argument against stronger firearms laws. The gun rights granted by the second amendment read as “ A well regulated militia, being necessary to the security of a free state, the right of the people to keep and bear firearms, shall not be infringed

However, many political viewpoints are in the agreement that the second amendment guaranteed the right of the government to keep an armed militia to protect the country. Disagreements only come about by whether or not it provides the right of any person to own or use a gun at any place or at any time. Most debates from liberal constitutional scholars have held the view that the second amendment only protects the collective right of the states to keep armed militias. On the other hand, the conservative scholars have held the view of individual rights position that this amendment guarantees the individual’s right to own guns as private property. They support the fact that many restrictions on selling and buying guns infringe on people’s rights. Between 1968 and 1996, about twenty eight states have relaxed restrictions on concealed firearm carrying. By 2000, twenty two states have accepted concealed guns carrying anywhere, including houses of worship (Sowell, 432).

Other federal laws that have been enacted in relation to control and taxation on guns owned by individuals are: In 1943, the National Firearms Act imposed a tax on the sale of machine guns and short barrel firearms; this was as a result of massive public outrage about the gangster activities. The Federal Firearms Act enacted in 1938 required the licensing of gun dealers. In 1968, the Gun Control Act expanded licensing and record keeping, it banned felons and mentally retarded from buying guns, and banned the mail order sale of guns. The Bureau of Alcohol, Tobacco and Firearms was created in 1972 to oversee federal regulation of guns. The Firearms Owners Protection Act was enacted in 1986; that saw the relaxation of gun sale restrictions, which was influenced by the NRA during the reign of President Ronald Reagan. 1993 saw the enactment of the Brady Handgun Violence Protection Act, which required gun dealers to perform background checks on buyers, as well as creating a national database of those prohibited to own and use guns. Senator Dianne Feinstein sponsored the Violent Crime Control Act in 1994 which banned the sale of new assault weapons for the next decade, while Republican Carolyn McCarthy supported the expiry of the law in 2004. Come 2003 with the Tiahrt Amendment that protected gun dealers and manufacturers from a number of law suits. In the aftermath of the Virginia Tech University mass shooting, the National Instant Background Check System was put in place in 2007, where the congress hoped to close all the loopholes in the national database of those people prohibited owning and using guns (Sowell, 34).

The Pros and Cons of Gun ControlState licensing of gun dealers help law enforcers to al with rogue gun dealers, as it permits easier sanctioning of the dealers. It helps to deal with issues of gun trafficking, and making it more difficult for dangerous people and criminals to have easy access to guns. NRA on the other hand feels that the already existing government’s licensing programs have achieved these desires, and any additional programs will just contribute to unnecessary government bureaucracy.

Gun controls enhance record keeping and retention by dealers and law enforcement agencies, so that data on gun sales may be in gun tracing and assist in criminal investigations. Without such record, it is difficult to know which people own guns who might be criminals, and make it difficult for investigators to perform follow ups on traffickers and members of gangs who buy guns and later resale them. NRA however, is against such registration arguing that it may aid confiscation of guns, and that criminals will never have the opportunity to register their guns legally.

Control of firearms helps in keeping illegal guns away from the streets thus eliminating the excuse by some traffickers who lose their guns. NRA argues that theft victims always report their lost and stolen firearms, and therefore, control would further lead to victimizing the person. NRA insists that such controls would set an artificial time limit if the owner did not realize in time that his or her gun has been stolen or lost. Gun control laws encourage accountability of dealers through dealer inspection and security. The congress would set the specific security requirements, which would enable law enforcers to inspect the dealers’ stores, inventories, and records. Ballistic finger printing and micro stamping technology assist in crime gun identification. The requirement by dealers to test fire each weapon before selling, would improve maintaining criminal database if they submit the expelled shell casing. The unique microscopic markings on each fired bullet provide the law enforcers with the methods of investigating gun crimes and tracing criminals. Whereas NRA believes that the use of such technology would make the rice of guns to go beyond people’s budgets. NRA opposes the use of these technologies because they will require registration and bans on private sales (Sowell, 116).

In view of safety, guns should be sold with child safety locks, as well as including personalized technology on firearms so that only authorized users can operate the guns. NRA thinks that this is an intrusion, and instead supports the idea that voluntary firearms training on safety matters decreases the occurrence of accidents involving guns. Control helps in keeping guns away from the reach of children, and legislation prevents unlicensed people from selling firearms to minors. Legislation also restricts the sale and ownership of military style and semi automatic assault weapons, together with guns and weapons with large capacity magazines. NRA on the other hand believes that such a control would infringe on the right of self defence of an individual, and they are of the opinion that no evidence exists to support the fact that banning assault weapons would reduce crime. Legislation protects employers at the workplace who opt to ban guns at the company’s premises; this would also discourage students carrying guns to schools and colleges. Federal gun controls allow municipalities to pass their own local gun law, which ensures public safety at the local level. NRA has the feeling that such many local controls would violent the tenets of the Second Amendment, and that varying laws from city to city would introduce confusion, and inconvenience citizens who want to travel from state to state, as well as forcing them to memorize each city’s local gun laws.

One segment of the legislation will guarantee individuals to own guns, while another amendment will make it difficult to own guns, making a segment of the people that their constitutional rights are being infringed upon. Guns are used to commit most violent crimes, so restricting ownership tends to reduce the occurrence of such crimes. Though, criminals will still access guns one way or another, thus restriction will leave the law abiding citizens vulnerable too criminals. Ironically, the regions with more relaxed firearms control laws tend to be quite safer than those places with stricter restrictions (Pierce, 155).

Special Groups and controlWomen Against Gun Control (WAGC) is a coalition of women founded in 1994; it seeks to encourage other women to exercise their gun rights by arming themselves against potential threats such as rape. A large proportion of the group’s mission was to inculcate in the minds of Americans that not all women share the same sentiments that fewer guns will lead to lesser crimes. Their aim was to discourage American women from believing in the opinions of Hillary Clinton and Diane Feinstein, who the group claimed wanted the American people to believe all women, supports gun control. WAGC is very active politically both at the state and national levels, they conduct alot of research on laws they think is harmful to women’s capabilities to protect themselves against attacks by owning a gun. They have a large presence in the media promoting gun rights and circulating pro gun advocacy materials. They encourage women to train on how to use guns, with several of the WAGC members being the firearms instructors (Wilcox, &, Bruce, pp 1-4)

The belief that guns give women a fighting chance is fundamental to their approach to gun control. The group filed a court briefing before the US Ninth Circuit Court of Appeals in 2003. Their argument was that any law that “impairs access to firearms for self defence will have a disparate impact on women”. WAGC continued to argue that women possess special interests in owning firearms for self defence since they are the weaker sex who must be afforded protection from men. They also called on women not to buy national brands such as AT&T, Levi-Strauss, Sara Lee, and Starbucks because of their stance on gun control issues.

National Rifle Association (NRA)Daynes, &, Tatalovich, (155) argues that the NRA was granted a charter in 1871 by the state of New York, and Civil War General Ambrose Burnside became the first president. The primary goal of the association was to promote and encourage rifle shooting on a scientific basis. They developed a training ground on Long Island named the Creed Farm; build a rifle range. Political opposition to encouraging marksmanship in New York force d the NRA to move to New Jersey. In 1903, their interest started growing in promoting the shooting sports within the ranks of American youth, including establishing rifle clubs in schools and colleges. Today Camp Perry in Ohio has become the home of national matches that have seen the excellence in marksmanship.

Over 6000 people compete every year in in pistol, small bore, and high powered events. Stimulated by the Second Amendment, they formed the legislative Affairs Division in 1934. Recognizing the need for greater political defence of the Second Amendment, The institute for Legislative Action (ILA) was formed in 1975. For financial support security, they formed the NRA Foundation to raise funds for gun safety and educational projects for the benefit of the general public. The contributions of the foundation help youths, women, hunters, competitive shooters, gun collectors, law enforcement agencies, and people with physical disabilities. NRA has become a political force to reckon with, and since its inception, it is the premier firearms educational body in the world (Singh, 389).

NRA ControversiesMost controversies of the NRA stem from the Second Amendment and the issues of gun control. There are even controversies that stem out of the NRA itself. Between 1998 and 2003, Charlton Heston who was the president of NRA, had earlier been a supporter of civil rights movement and a revered actor, who was subject to controversial issues regarding his remarks and speeches. He made various political, and he has been criticized by many groups that he had offended, by some thinking that he was addressing how political correctness is a concept that limits free speech and thought. On the other hand his statement could be viewed as prejudiced outcry against minority groups.

Heston was criticized by Moore in response to Columbine High School tragedy for his support for the unrestricted ownership of firearms. Ted Nugent’s Kamp for kids, is concerned with teaching children nature preservation and archery. His speeches have been met with many controversies regarding sex, race, which have put him in conflicts with activist groups. His statement on South African people was deep rooted in prejudice when he talked about apartheid not being cut and dry, that all men were not created equal. NRA has so many celebrities and famous public figures are involved with NRA which has type caste it as conservative, prejudiced, gun long group of people who are out to continue propagating their philosophies. NRA is essentially a civil rights group, aimed at protecting a specific civil right in the Second Amendment (Spitzer, 14).

ConclusionGun control laws are not easy to pass in the congress since gun rights groups and other lobbyists wield enough impact on Capitol Hill through contributing to campaigns. These groups such as the NRA have much success in pulling down pro gun control candidates. Gun control advocates contribute less as compared to their rivals. Even the current president Barrack Obama believes in an individual’s right to own arms, conversely, he is also of the opinion that the country must do whatever it takes to eradicate gun violence. Gun control is a controversial issue, with a section of the society needing stricter control laws, while other prefers relaxation of these control legislation. The Democratic party have generally adopted the stance of stricter gun controls, with many anti gun legislations being passed under Democratic reigns or congress. NRA insists that gun rights are a natural civil liberty that must be protected ion the constitution, and would uphold a policy of no gun control.

References

Spitzer, R. The Politics of Gun Control, Chapter 1. Chatham House Publishers, (1995).

Pierce, R. (1982). “Second Amendment Survey”. Northern Kentucky Law Review Second Amendment Symposium: Rights in Conflict in the 1980’s 10 (1): 155.

Wilcox, C. &,Bruce, W. The changing politics of gun control. Rowman & Littlefield. pp. 1–4. (1998). Print

Sowell T. Ever Wonder Why? And Other Controversial Essays. Hoover Institution Press. 1st Edition. (2006).Print

Singh, R. Governing America: the politics of a divided democracy. Oxford Oxford University Press. p. 368. (2003).

Daynes, B, and W. Tatalovich, Moral controversies in American politics. Armonk, N.Y.: M.E. Sharpe. p. 172. (2005).Print

Gun Control in the USA

Gun Control

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Course

Tutor’s Name

Date

In the United States, serious discussions have been made on gun control and the major concern has been who is supposed to have the right of carrying a gun. Some proponents of gun control argue that guns do not harm but the bearers do hence raising a hot debate on whether to legalize or not to legalize gun control. After several shootings in public institutions such as schools, control of guns on school campuses has taken two basic approaches, that is, criminological and the legal. Many people have had various opinions on whether various controls on guns would reduce gun crimes as well as other forms of gun misuse or whether restrictions of guns would deprive the innocent victims of a very effective way to protect themselves (Wilcox, 2011).

Gun control may enable the police to recognize illegal owners and reduce the number of deaths caused by guns. Criminological as well as legal approaches tend to evaluate guns in a realistic manner by looking at the benefits as well as harms that could be presented by guns to the person in possession. Through most of American history, possession of guns has not been restricted on school property and therefore it was common for students to carry guns to school, store them in their lockers or vehicles so that they could use them later after school to carry out activities such as hunting or target shooting after classes (Reville, 2010).

Gun ownership greatly helps in self-defense among the citizens and the proponents of Gun ownership argue that the idea that guns are used in criminal activities is misleading since these activities are believed to have existed even before the guns came into existence. Guns may play a major role in reducing crime rates since the criminals may fear being attacked by their target who own guns. Ownership of guns may imply that the government is no longer responsible in providing security and this may discourage tourists from visiting the country (Wintemute et al., 2010).

Gun control does not deter criminals from their activities but instead provides guarantee that they will not face any armed resistance from the civilians. Gun control does not dissuade the law-abiding citizens. Considering the adoption of the gun free zones and gun control rules, a faculty member with a concealed-handgun permit who breaks the campus gun ban would be fired and fail to get a job from any other institution (Persky, 2010). Interestingly, gun control can have serious adverse consequences for law-abiding people such as a student with a permit who brings a gun to school facing expulsion and would probably find it difficult to get admitted to another school yet the Virginia Tech killer, the threat of expulsion is no deterrent at all. Furthermore, prohibition of guns may lead to increase of black market that may impose serious threat to the citizens (Wintemute et al., 2010)

There have been various incidents of insecurity that have greatly occurred in America that cannot be blamed on guns. For instance, the worst school massacre in U.S. history occurred in 1927 and was carried out with a bomb where a fifty-five year old man killed his wife and family, in a rural community in Bath, Michigan. The man set his farm on fire and then as a pre-planned attack, set off 500 pounds of explosives in one wing of a local elementary school that killed thirty-eight children aged seven to fourteen, two teachers and four others. It was alleged that the man would have killed more, but 500 pounds of dynamite that he had placed in another wing of the school failed to explode, yet he did not use any gun. It is obvious that the incident would have not been stopped by the gun control laws or even a bomb free zone law. It is also evident that citizens owning guns did not contribute to 9/11 attacks. People have used knives in killing others and other simple things such as pens that are turned into weapons by their users (Persky, 2010).

Probably, peaceful coexistence that comprises love, trust and forgiveness amongst individuals would be better than gun control law. Gun free zones have not completely solved the issue of insecurity. This is evident from the numerous failures such as various shootouts that have been experienced in various parts of America. It is therefore important to note that gun control cannot solve the issues of insecurity by making others safer, yet these zones, whether on college campuses or at the city or country level, have not disarmed criminals (Blocher, 2012). It may be assumed that the law only target innocent citizens who are the most law-abiding citizens hence exposing them to risk while making criminals lives easy because they cannot be easily disarmed.

References

Blocher, J. (2012). The Right Not to Keep or Bear Arms. Stanford Law Review, 64(1), 1-54. Retrieved from http://search.proquest.com/docview/1000450947?accountid=45049

Persky, A. S. (2010). An Unsteady Finger on Gun Control Laws. ABA Journal, 96(12), 14-16. Retrieved from http://search.proquest.com/docview/817291259?accountid=45049

Reville, Patrick. (2010). Supreme Court to Chicago On Gun Control: Go To Heller! Journal Of Business & Economics Research, 8(11), 39-43. Retrieved from http://search.proquest.com/docview/815766507?accountid=45049

Wilcox, C. (2011). Gun Crusaders: The NRA’s Culture War. Political Science Quarterly, 126(1), 157-158. Retrieved from http://search.proquest.com/docview/859256612?accountid=45049

Wintemute et al. (2010). Gun Shows And Gun Violence: Fatally Flawed Study Yields Misleading Results. American Journal of Public Health, 100(10), 1856-60. Retrieved from http://search.proquest.com/docview/751879688?accountid=45049