President's Inauguration Speech: Business Law Issue

Submitted By nmsst20
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President's Inauguration Speech: Business Law Issue
In his second inaugural address, President Barack Obama quoted the Declaration of Independence and spoke on inalienable rights.
"We hold these truths to be self-evident, that all men are created equal; that they are endowed by their Creator with certain unalienable rights; that among these are life, liberty, and the pursuit of happiness."
The Merriam-Webster dictionary defines unalienable rights as privileges which are incapable of being alienated, surrendered, or transferred. Further into his speech he stated:
“But we have always understood that when times change, so must we; that fidelity to our founding principles requires new responses to new challenges; that preserving our individual freedoms ultimately requires collective action. For the American people can no more meet the demands of today's world by acting alone than American soldiers could have met the forces of fascism or communism with muskets and militias.” I can’t help but to relate this part of his speech to a current issue/ debate in the realm of business law involving the Second Amendment to the United States Constitution. Amendment II, of course, is the part of the United States Bill of Rights that protects the right of the people to keep and bear arms. Although the president clearly acknowledges the unalienable rights of the American people as well as the importance of remaining loyal to our founding principles, it is still unclear to me as far as