Why are we not going to--

我们为什么要
Even though it's better for everybody for it not to go under,

就算不让这些机构破产对大家都是好事
why are we not going to bail them out?

我们为什么不愿意为他们担保
Because it undermines the incentives

因为这么做会为那些没有坏帐的公司
for them not to make bad loans to start with.

提供不良激励
To a lesser extent you're going to hear that on the debtor side as well.

作为次要的延伸你们也能听到债务人声音
You're going to hear some people say we shouldn't be bailing out people

你也会听到有人说我们不要为那些
who took on bad loans, took on bad mortgages to finance their houses,

有不良债务和买房按揭的人担保
again for bail out reasons.

我们说的还是担保的原因
So this is an important trade off.

这是一种重要的权衡
If you go on to law school

如果你去法学院学习
you're going to see a lot about this kind of discussion,

你会看到很多这样的讨论