@Eorl,
Of course the high suicide rate among homosexual teens should be addressed, and it is being addressed.
We need to have a national discussion (which is happening). We also need to make sure there are resources available for teens in crisis, and that there are discussions happening on the local level. This is happening in many areas (but obviously varies from place to place).
I don't think there is much to do about language.
The most important thing is to have the discussions. I don't punish my kids for using offensive language. But, I do talk to them about it. It is a great way to open these discussions.
My teen aged boys use the term "ho's" to refer to their female friends. The term "pimp" is used for anything that is superlatively good.
I talk to them about it, but there isn't much I am going to be able to do to dictate how they talk when I am not around. However, I can talk to them about respect for women and why they shouldn't think about women as prostitutes. The funny thing is that, other then use of these terms, they treat women with a lot of respect.
The discussion is far more important then the words.
This seems obvious. Is there an interesting question here?