![]()
- Fed Audit Would Hurt Economic Prospects: Bernanke
- Russia: Bomb Caused Train Wreck That Killed Dozens
- Dow Ends Week Flat Despite Dubai Selloff
- Stocks Pare Losses After Initial Dubai Drop
- Dubai's Debt Woes Signal New Era for Creditors
- EU Names New Leadership Team to Boost Economy
- Futures Sharply Lower on Dubai Worries
- Car Insurance Scofflaws Raise Health Reform Doubt
- Dubai Debt Woes 'A Blip', Won't Lead to Global Fallout: Strategist
- Dubai Debt Delays Revive Fear of Financial Crisis
MOST SHARED
- Abu Dhabi Will Aid Debt-Fraught Dubai 'Case by Case'
- Banks With The Biggest Exposure to The UAE
- Dubai's Debt Woes Signal New Era for Creditors
- Next Week: Cash In Now Or Wait For A Santa Rally?
- Dubai Stock Selloff May Bring Buying Opportunity
- Longer Lines, Fuller Carts This Black Friday
- Big US Banks May Be Forced to Raise Capital: Bove
- Bank of America Amends Pay for Senior Executives
- Tiger Woods Out of Hospital After Accident
- U.S. Stocks Fall on Dubai Worries
- Black Friday at Best Buy
- Strategists on Dubai: Avoid 'Rash Moves' Now
- Longer Lines, Fuller Carts This Black Friday
- Dubai Stock Market Fear Has 'Legs': Dennis Gartman
- Obama's Emission Reduction Pledge Paints Future for Autos
- Is Super Bowl Halftime Act Too Old?
- Surprising Options Trades in TiVo Shares
- EA Sports Hopes to Pump Up Sales Through Pop-Up Locations
Gun and ammunition sales have been spiking, partly due to fears President Obama will reinstate a federal ban on assault weapons, but the weapons aren't practical for home protection, a state governor said.
"It’s nuts for ordinary citizens to go out and buy assault weapons," Gov. Ed Rendell, D-Pa., told CNBC. "Assault weapons are difficult to operate, they jam easily. If you want a gun to protect your home it’s the last thing you should have." (See video for more.)
Rendell, who has been a vocal supporter of reinstating the ban on assault weapons, which expired in 2004, says federal and state lawmakers must stand against the gun lobby and support reinstating the ban.
"These weapons have one purpose," added Rendell. "...They’re to kill and to maim, and they shouldn’t be in the hands of anyone else but the police and the military."
More news from CNBC.com:
- Bank Results Show Strength Even Before Mark-to-Market
- Traders, Not Investors, Fueling This Stock Rally: NYSE Chief
- What Counts As Rich? The $250k Debate
- These four sectors will be the next to lead the market.
- Zhu Zhu Pets are this year's must-have toy, fetching $40 or more on eBay.
- From the why-didn’t-I-think-of-that file, we present Jason Sadler, a man whose job is wearing T-shirts.
- It may be the most unusual guide to business you'll read.
- Shopping for a gadget hound? The choices can be baffling. Here are a few that should be a hit.
- "The Who" will be the halftime act for Super Bowl XLIV on Feb. 7 in Miami. Is the NFL behind the times?








