R. de la Madrid On the inconsistency of the Bohm-Gadella theory with quantum mechanics (107K, zipped tar file) ABSTRACT. The Bohm-Gadella theory, sometimes referred to as the Time Asymmetric Quantum Theory of Scattering and Decay, is based on the Hardy axiom. The Hardy axiom asserts that the solutions of the Lippmann-Schwinger equation are functionals over spaces of Hardy functions. The preparation-registration arrow of time provides the physical justification for the Hardy axiom. In this paper, it is shown that the Hardy axiom is incorrect, because the solutions of the Lippmann-Schwinger equation do not act on spaces of Hardy functions. It is also shown that the derivation of the preparation-registration arrow of time is flawed. Thus, Hardy functions neither appear when we solve the Lippmann-Schwinger equation nor they should appear. It is also shown that the Bohm-Gadella theory does not rest on the same physical principles as quantum mechanics, and that it does not solve any problem that quantum mechanics cannot solve. The Bohm-Gadella theory must therefore be abandoned.