Unbridled demagoguery has driven the GOP to an inflection point from which there is no turning back. If a populist prevails in the primary, as appears increasingly likely, the party faces either devastating defeat in the general election or a new, unrecognizable identity. In either scenario, a large swath of the GOP electorate will be forced to eat crow and reevaluate its affiliation. Call it, if you will, a moral debt restructuring, one caused by the reckless behavior of a man who knows a thing or two about bankruptcy.

— Anthony Scaramucci, January 13, 2016, Fox Business