%0 Journal Article %T Bell's Theorem - Why Inequalities, Correlations? %A Noam Erez %J Physics %D 2004 %I arXiv %X It is shown that Bell's counterfactuals admit joint quasiprobability distributions (i.e. joint distributions exist, but may not be non-negative). A necessary and sufficient condition for the existence among them of a true probability distribution (i.e. no-nnegative) is Bell's inequalities. This, in turn, is a necessary condition for the existence of local hidden variables. The treatment is amenable to generalization to examples of 'nonlocality without inequalities'. %U http://arxiv.org/abs/quant-ph/0407085v2