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David Paul
David Paul (Yale BA 1977; Wharton MBA 1982; Penn Ed.D. 2004) is the President of the Fiscal Strategies Group, a financial advisory firm specializing in municipal and project finance. Previously he was a Managing Director of Public Financial Management, Inc., Vice Provost of Drexel University, and the co-founder of, an e-learning company.

David Paul has worked for twenty-five years as a financial advisor to state and local governments on infrastructure and project financing, was well as on addressing issues of fiscal distress, and in international project finance as a member of the Hong Kong Shanghai Bank Group. His clients have included state governments such as New Mexico, Virginia, New Jersey and Florida, clients in the US Virgin Islands, higher educational clients across the country, and unique project finance clients such as Spaceport America. He works regularly with legislative bodies with respect to budget and financial matters, and has worked on several political campaigns.

David Paul is a member of the Board Trustees of Cumberland University, and has served on the boards of several educational organizations. He is the author of When the Pot Boils: The decline and turnaround of Drexel University (SUNY Press, 2008), as well as of the screenplay Breakpoint (1997). He has published online commentaries for several years at

Entries by David Paul

Wake Up America, Russia is Back!

(9) Comments | Posted November 25, 2015 | 2:59 PM

Speaking before the Council on Foreign Relations last week, Hillary Clinton established the objective that is commonly held among all presidential aspirants: ISIS must not be contained, it must be destroyed.

Yet beyond that statement, despite all the fury generated on the campaign trail by the ISIS...

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Our Toxic Politics Looms to Undermine Effective Response to ISIS

(0) Comments | Posted November 18, 2015 | 3:37 PM

The bodies were still warm on the streets of Paris, and the reprise of the Global War on Terror was ramping up back here at home. We can hear the old talking points being dusted off. In our new, real time, Twitter world, it took barely a nanosecond for the...

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All The Free Stuff In the World Can't Fix What Ails Jeb!

(42) Comments | Posted September 29, 2015 | 12:28 PM

Free stuff is back. Responding to a man at a South Carolina Republican gathering last week who observed that Republicans had little visible support among African Americans, Jeb Bush harkened back to the Romney campaign four years ago. Unlike the Democrats, Bush suggested, his message to black voters...

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Sanders Politics of Isaiah, Trump Politics of Buchanan, Find Common Ground

(23) Comments | Posted September 16, 2015 | 10:26 PM

According to a Monmouth University poll released this week, Bernie Sanders leads Hillary Clinton 43% to 36% among likely New Hampshire voters. Up until now, Sanders has not been taken seriously by most observers in the media. The man is a socialist and this is America, after all....

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Bush vs. Trump Comparison to Bush vs. Reagan Should Have Jeb Supporters Very Worried

(25) Comments | Posted September 9, 2015 | 9:37 AM

Jeb is playing defense, but for no good reason. After all, Bush is the true conservative in the race for the Republican presidential nomination and should be entitled to the support of the Republican base. His record as Florida governor demonstrates his bona fides as a fiscal conservative. His treatment...

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Trump Mocks Campaign Contributions as Court-Sanctioned Influence Peddling Scheme

(85) Comments | Posted August 20, 2015 | 9:19 AM

Each week it just keeps getting better. The production values, the element of surprise, the buy-in. We have reached the capitulation phase of the Trump bubble. The punditocracy now believes not only that he might win Iowa, but that he probably will. And New Hampshire. Of course, no one casts...

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Puerto Rico Crisis: It's Not About the Debt, It's About the Politics

(83) Comments | Posted August 17, 2015 | 11:43 AM

When the Puerto Rico debt crisis burst into the news, Puerto Rico Governor Alejandro García Padilla pronounced that the Commonwealth's debt crisis "is not about politics." Of course, to paraphrase H.L. Menken, when a politician says something is not about politics, chances are it's all about politics. That...

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The Crisis Is About the Euro, Not Just Greece

(41) Comments | Posted July 12, 2015 | 4:06 PM

Greece GDP per capita nearly tripled in the 15 years prior to it Greece adopting the euro. It has been a disaster since then. Maybe the crisis is about the idea of the euro, not just about Greece.

When Greeks went to the polls last week, did anyone really imagine...

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Look Past the Flag: The Real GOP Problem Is a Half-Century of Promoting Racial Division for Political Advantage

(26) Comments | Posted June 29, 2015 | 12:04 PM

Charlie Baker, the very popular Republican governor of Massachusetts stumbled last week. When asked what he thought about the confederate flag flying over the capitol in South Carolina, Baker fell into the trap of suggesting that flying the flag was a matter of local choice and...

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Given a Chance to Provide Moral Leadership in South Carolina, Jeb! Drops the Ball

(27) Comments | Posted June 23, 2015 | 10:27 AM

Jeb Bush is back.

Three weeks ago, the long-time presumptive front-runner for the Republican Party nomination for president had reached a new low. Based on a Quinnipiac University national poll published on May 28th, the Republican primary contest was a dead heat, with five candidates -- Jeb Bush,...

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Massive FIFA Investigation Begs the Question: Why Not Wall Street?

(76) Comments | Posted June 7, 2015 | 9:36 PM

Just imagine what Michael Lewis must think of the FIFA scandal. Although Michael Lewis is a prolific non-fiction author who has written about the misdeeds and abuses of Wall Street for a quarter of a century, he has never seen the highest law enforcement officials in the land throw the...

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Allies to US: ISIS is Not Our Problem

(215) Comments | Posted June 3, 2015 | 10:04 AM

Last week, Seymour Hersh published The Killing of Osama bin Laden in the London Review of Books. According to Hersh, the Oscar winning movie Zero Dark Thirty chronicling the killing of Osama bin Laden was a work of fiction. According to Hersh, Osama bin Laden was not found...

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Jeb Has Fallen Into the Trap. It's Not About What You Know Now, It's About Who You Are

(56) Comments | Posted May 21, 2015 | 3:56 PM

Jeb Bush finally got his answer right. Bowing to the political correctness of the moment, the aspiring President Bush III fell into line and spoke the magic words. If I knew then what I know now, I would not have launched an invasion of Iraq.

It did...

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Obama Scolding Elizabeth Warren Should Not Deflect Need for Real Debate Over Trade Pact

(4) Comments | Posted May 11, 2015 | 5:39 PM

President Obama is fed up. At long last, he has found an issue where he can move forward in common cause with Republicans in Congress and his own Democrat compatriots won't stand for it. Massachusetts Senator Elizabeth Warren first set the president off by comments claiming that the...

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Critics of Federal Spending on Cities Should Look to the South

(8) Comments | Posted May 3, 2015 | 4:54 PM

In his piece this week, "Baltimore, a Great Society Failure," National Review editor Rich Lowry presents events in Baltimore as demonstrative of the failure of social programs dating back 50 years to the War on Poverty.

"The city hasn't been 'neglected,'" Lowry asserts. "It has been misgoverned into...

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Members of Congress Criticizing Clinton Cash Should Look in the Mirror

(59) Comments | Posted April 27, 2015 | 4:18 PM

Sitting with Sean Hannity last week, Kentucky Senator Rand Paul expressed his outrage at money received by Bill and Hillary Clinton over the years and actions that they may have taken as public officials to benefit those who contributed funds. In various guises, the Clintons have been the...

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How Long Will Democrats Stand By Hillary in Face of Financial Disclosures?

(1442) Comments | Posted April 24, 2015 | 11:15 AM

Hillary Clinton is in, and with her announcement the rest of the Democrats considering running for president in 2016 are out. In a manner reminiscent of the Republican Party of old, Democrats have ceded the nomination to Hillary Clinton. It is not exactly clear why this is the case. She...

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Sheldon Adelson or James Baker? Who Should Drive GOP Foreign Policy?

(8) Comments | Posted April 21, 2015 | 12:38 PM

It is a trick question: Who should be driving GOP foreign policy, James Baker or Sheldon Adelson?

Perhaps nothing epitomizes the state of affairs in the Republican Party today more than the estrangement of James Baker from the Republican establishment. Nothing because, for what seems like decades, James Baker was...

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Is ISIS a Religious Group? Of Course It Is.

(109) Comments | Posted February 22, 2015 | 4:10 PM

This week, the White House held a Summit on Combating Violent Extremism. Walking through the Albuquerque airport on the day of the Summit, I was surprised to see a TV headline ask the question, "Is ISIS a religious group?" It is an absurd question, and one that, despite his comments...

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We Have Seen This Movie Before: Tom Brady May or May Not be Guilty, But His Life Will Never be the Same

(6) Comments | Posted January 27, 2015 | 10:39 AM

Here is all we know. During the AFC Championship Game between the New England Patriot and the Indianapolis Colts, NFL officials measured the game balls used by the Patriots and found that they were below the 12.5 to 13.5 psi range that is required under league rules. That is about...

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