He says the existence of fistulas means the health system has failed somewhere.

VOA: standard.2009.12.23

The big point, as I've said before, is that a substantial portion of the eurozone banking system has failed, and is on a drip provided by the ECB.

BBC: Which are the eurozone's zombie banks?

The cost-lowering potential of direct-payment practices is heartening because the current third-party payment system has failed to stem our burgeoning health cost crisis.

FORBES: Fed Up With Obamacare, Doctors Increasingly Prefer Cash For Care

It comes about because the Federal Reserve System, in its so far failed effort to stimulate the economy, has fixed the short-term interest rate at 0%.

FORBES: Who Voted For Those Taxes On Gays And Seniors?