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  Baumbach, Paul S.
CANDIDATE DETAILS
AffiliationDemocratic  
 
NamePaul S. Baumbach
Address38 Country Hills Dr
Newark, Delaware , United States
EmailNone
Websitehttp://paulbaumbach.com/
Born Unknown
ContributorRBH
Last ModifedRBH
Nov 13, 2012 03:16pm
Tags
InfoIn the paragraphs that follow, you will find out not just what I have done, but what I stand for. My core values are reflected in the work I’ve done and the things I hold dear to my heart. I welcome the opportunity to learn more about you and the issues that important to you during this campaign. Please don’t hesitate to reach out and contact me.

As a resident since 1990 and a place where I’ve raised my family, I call Newark my home. I met my wife Pam at the University of Delaware in 1981 and we have been married since 1985. For me it was love at first sight—Pam required a bit of convincing. Pam always grounds me, and we make a good team with our complementary styles. Our son Mike currently attends DelTech at their Stanton campus. Mike and his sweetheart Jacqie married in 2011. Jacqie works with Pam and me at Mallard, the company I founded in 1996, which I describe in a bit. I have two degrees in computer science, including one from UD in 1983. I also have three financial designations.

I spent over seven years leading my congregation’s social justice committee. This included many service trips, including several to the Gulf Coast for Katrina Relief. It also included organizing regular candidate forums, to help the community cast more informed votes. We have hosted forums including the 2010 Green Matters forum, with speakers including Governor Jack Markell, DNREC Secretary Colin O’Mara, DEDO director Alan Levin, then County Executive Chris Coons, and UD professor Ralph Begleiter, and two on religions including UD professor Alan Fox. Our congregation also joined with other Delaware Unitarian Universalist congregations to promote equality for GLBT Delawareans. Finally we joined with other Newark congregations on the Code Purple program to provide shelter on cold winter nights to our neighbors who lack shelter.

These last two endeavors led me to do more service. I joined the board of Equality Delaware, the umbrella group that successfully brought civil unions to Delaware, and whose members, after years of struggle, successfully made it illegal in Delaware to discriminate against someone based on their sexual orientation. This is one reason that the Barbara Gittings Stonewall Democrats endorsed me.

I also was appointed by Governor Markell to the board of the Newark Housing Authority, where I also chair the finance committee, and serve on the committee which is leading the redevelopment of a housing community off Cleveland Avenue which has been vacant for several years. I am committed to ensuring that our low-income neighbors have quality housing available to them, and I work to make that happen.

I founded Mallard Advisors, an independent, fee-only financial planning firm, on Main Street in Newark in 1996. It has grown to two offices—I manage the Newark office, and lead the management of over $100 million in the retirement savings of over 100 families, both near and far.

True to our slogan Moving Forward, Giving Back, I have utilized my financial skills to help others. I have been providing free financial education courses through the Delaware Money School, which then Treasurer Jack Markell helped found, since its 1999 inception, and was recently named ‘favorite instructor.’ I offer most of my classes at the Newark Library and Newark Senior Center, and I provide regular financial articles to the NSC newsletter.

I also serve as ‘dean of investments’ at NAPFA University, the education arm of the national fee-only financial planners organization, where I lead the effort to provide courses on investments by planners for planners, and I helped with a week-long boot camp for new planners last fall in Chicago.

I also traveled to Washington DC in April 2010 to lobby for better financial industry oversight, including the elimination of the ‘too big to fail’ banks that contributed to the 2008-2009 meltdown. I am committed to critical consumer protections, and the elimination of the ‘heads I win, tails I don’t lose’ mentality that runs Wall Street.

Politically, I have been a member of the 23rd RD Democratic committee, and the Progressive Democrats for Delaware (PDD) for about eight years. In 2008 I helped establish the Newark office for Barack Obama’s campaign, and I led community efforts to help UD and high school students go up to Pennsylvania to help Obama. I have helped many candidates in their campaigns, door knocking, phone banking, volunteering at polling locations, etc. I can tell you that it is quite different on this side of the campaign.

I have served on PDDs endorsement committee for three cycles, and I currently serve as President of PDD. One of PDD’s greatest achievements came in 2009, when Speaker of the House Bob Gilligan introduced House Bill 1, which made the Freedom of Information Act apply to the General Assembly. PDD had fought for this necessary step for years, and by joining with other good government groups, we succeeded in 2009.

PDD has worked with others on other important pieces of legislation, removing mandatory minimum sentences for minor drug offenses, increased lobbying reform, safeguarding healthcare for Medicaid users, instituting the Delaware Medical Marijuana Act, ensuring the commitment to RGGI, the regional greenhouse gas initiative, and on the equal rights laws mentioned earlier. PDD has also worked with other groups on important issues including opposition to the Citizens United decision permitting unlimited corporate political contributions.

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DE At-Large - D Primary - Sep 08, 2024 D Sarah McBride