VERDICT: False. The purpose of the Second Amendment was to be sure the citizens at large were armed in order to defend their lives and liberty.
Biden began his comments by suggesting that "no amendment is absolute," adding, "None of you can stand up on the First Amendment, free speech, and yell 'fire' in here [or] you'll be arrested."
He then transitioned to Second Amendment rights, saying, "From the very beginning the Founder[s] said, 'Not everyone is able to have a gun and you can't have any weapon you want.'"
Contrary to Biden's claims, the purpose of the Second Amendment was to be sure the citizens at large were armed in order to defend their lives and liberty. Moreover, the Founding Fathers wanted broad gun ownership in order to give teeth to the militia, should it have to be called together. This is why the phrases "well-regulated militia" and "the right to keep and bear arms" compliment each other, rather than cancel out one another, in the text of the Second Amendment.