Virginia Tech mass murderer Seung-Hui Cho was mentally deranged. But he had no problem buying his two weapons of mass destruction from a Roanoke, VA gun dealer and the combination of a Green Bay, WI web site and Blacksburg, VA pawnbroker. This got me thinking that there ought to be a law against selling guns to people in his mental condition.
It turns out there is. In this case, the law was simply not enforced. That's Newsweek's revelation. It found that the same 1968 federal gun law that blocks convicted criminals from buying firearms (passed after the assassinations of Martin Luther King Jr. and Robert F. Kennedy) also prohibits gun purchases by those who have a history of mental illness.
On Cho's gun application -- Bureau of Alcohol, Tobacco and Firearms Form 4473 -- he was asked: "Have you ever been adjudicated mentally defective or ... committed to a mental institution?" Cho answered "no."
Why is gold making a new high, trading at $1,118.00 per ounce?
Chasing Value: Ten stocks for 2010 -- Part 1 
Closing Bell: A six-day rally (AIG, REGN, M, MOT, PALM, RIMM)
