Not sure/it depends
"Judge a man by his questions rather than his answers" - Voltaire
"There is nothing noble in being superior to your fellow men. True nobility lies in being superior to your former self" -Hemingway
As for this alleged concern over full auto weapons.... they're already heavily restricted. Mostly you can't own one without a Class III license, which has some pretty stringent requirements, and the weapons themselves are mostly far too expensive for the average person to own.
To my understanding, there have only been two incidents in the past half century where a Class III weapon was used in a crime, and one of those was a police officer using a duty weapon.
It's much ado about nothing.
Fiddling While Rome Burns
Carthago Delenda Est
"I used to roll the dice; see the fear in my enemies' eyes... listen as the crowd would sing, 'now the old king is dead, Long Live the King.'.."
I am not sure what a "people punching gun" is so I will not participate in the poll.
But to address the OP, yes I think the citizens should be able to have such weapons. Because a well armed society is a safe society.
I would think that the armaments make the government fear the people, as it should be. Because the only other option is that the people, would fear the government.
I suppose bullets do actually punch people.
So I thought maybe OP was using old obscure slang I had simply never head before....so I did a google serch and look at the top hits: http://www.google.com/search?client=....3.jFJrjZ7kKPE
"A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murder is less to fear"
Cicero Marcus Tullius