Obama: Second Amendment Means Something, But Rights Can Be Bound

Barack Obama said he is glad the Supreme Court has bolstered the second amendment's legal power but stressed that its ruling does not mean the end of gun control. Obama was reacting to the court's recent gun decision on Bloomberg TV (see the video here.)

"What I've consistently said is that I believe that the second amendment means something, that it is an individual right, and that's what the Supreme Court held, so I agree with that aspect of the decision," Obama said.

"What I've also said is that every individual right can be bound by the interests of the community at large, and the Supreme Court agreed with that as well," Obama said. "It doesn't mean that local communities can't, you know, pass background checks,