As late as 2011, the Department of Justice was giving automatic assault weapons to Mexican drug cartels. In case you have forgotten, the Obama Administration's disastrous "Operating Fast and Furious" allowed the sale of weapons (worth over one million dollars) to drug lords; these guns were then allowed to "walk." In other words, the DoJ stopped monitoring their movements.
This tremendous stupidity had the precise consequences you might expect: as of September 2011, US assault weapons connected to Fast and Furious were found at 170 crime scenes in Mexico. As of March 2011, 150 Mexicans had been shot because of Fast and Furious. US Border Patrol Agent Brian Terry was killed in cold blood.
The official line of the current administration, through both actions and words, has made it abundantly clear that, while they admit mistakes were made in Fast and Furious, the idea to arm Mexican drug cartels was sound. Something that is not: allowing American citizens to own assault weapons.
In the wake of the tragic shootings in Newtown, the Obama Administration's outlines to limit gun ownership are taking form. Everyone must have a background check to own any firearm. Stiffening penalties for improperly using a weapon.
Are you a law-abiding United States citizen? Congratulations, you have fewer rights to own guns than drug cartels in the middle of Mexico.