One needs only to look at the viewpoints of various founding fathers to see what the proper interpretation is:
“The Constitution preserves “the advantage of being armed which Americans possess over the people of almost every other nation. . . (where) the governments are afraid to trust the people with arms.”
James Madison
“[I]f circumstances should at any time oblige the government to form an army of any magnitude, that army can never be formidable to the liberties of the people while there is a large body of citizens, little if at all inferior to them in discipline and the use of arms, who stand ready to defend their rights and those of their fellow citizens.”
Alexander Hamilton
“[A]rms discourage and keep the invader and plunderer in awe, and preserve order in the world as well as property. . . Horrid mischief would ensue were the law-abiding deprived of the use of them.”
Thomas Paine
“… of the liberty of conscience in matters of religious faith, of speech and of the press; of the trail by jury of the vicinage in civil and criminal cases; of the benefit of the writ of habeas corpus; of the right to keep and bear arms…. If these rights are well defined, and secured against encroachment, it is impossible that government should ever degenerate into tyranny.”
James Monroe
“Firearms stand next in importance to the Constitution itself. They are the people’s liberty teeth keystone… the rifle and the pistol are equally indispensable… more than 99% of them by their silence indicate that they are in safe and sane hands. The very atmosphere of firearms everywhere restrains evil interference. When firearms go, all goes, we need them every hour.”
George Washington
“The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government.”
Thomas Jefferson
Quotes originally compiled via this slashdot comment, which I liked. (more…)