No it says the right of the individual people to keep and bear arms shall not be infringed, because in a moment's notice, when/if the government takes over and becomes tyrannical, or if we have an invasion, we need to be able to assist the regular army as a well regulated militia, and we should still have a militia today because we should not entrust the any government to not become tyrannical. The militia is defined as the People's Army and is totally necessary for the security of a free state. Your argument is VERY stupid because you're saying that, well it's in the Second Amendment, but we no longer need it today, so therefore we shouldn't follow the Second Amendment. Historically the militia has always existed separate from our military and separate from a police force and was designed to retaliate against a tyrannical government, and to assist the military in case of invasion. That's why the founding fathers made it clear that the right of the people to keep and bear arms is necessary for security of a free state. This is how our founding fathers understood and interpreted the Second Amendment and this is the way that it has always been consistently interpreted up until like the last 50 years when the stupid hippie regresses came along.
If you don't believe me you can look up several quotes from our founding fathers on the gun issue, and many of them said that EVERY citizen should be armed. They just came out of a tyrannical government. Do you honestly believe that they would chance their new-found system to the hands of another tyrannical government?
This is how the Second Amendment would be read today: A militia, or a well regulated people's army, is necessary for the security of a free nation, so therefore the right of the people to keep and bear arms shall not be tampered with.