Barack ObamaBarack Hussein ObamaAll five living former presidents to attend hurricane relief concert Overnight Health Care: Schumer calls for tying ObamaCare fix to children's health insurance | Puerto Rico's water woes worsen | Dems plead for nursing home residents' right to sue Interior moves to delay Obama’s methane leak rule MORE 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,