Can you remember buying your first home? Do you remember all the papers you had to sign? Did you having a person present to help explain what you were signing?
The financial services industry is really not that different since the Patriot Act. The number of papers you sign and what you are signing is overwhelming.
How do you trust what you are signing?
I have thought deeply about this challenge and found an interesting way of coming to terms with what I hope my clients feel.
I cannot directly link Harry Gensler‘s video but, if you choose to watch by following the link, he explains the logic, ethics, and foundations of the golden rule. Additionally, Harry Gensler has spent a lifetime studying “The Golden Rule” and refined it to be more consistent.
Gensler’s Golden Rule – Treat others only as you consent to being treated in the same situation.
This is a re-write of the traditional golden rule. The traditional golden rule is not always logically consistent. Using Gensler’s logic… If I do something to another, I should be willing to subject myself to the same treatment if I am in the same situation.
Feel free add this to your life.
- “The golden rule is best seen as a consistency principle. It doesn’t replace regular moral norms. It isn’t an infallible guide on which actions are right or wrong; it doesn’t give all the answers. It only prescribes consistency — that we not have our actions (toward another) be out of harmony with our desires (toward a reversed situation action). It tests our moral coherence. If we violate the golden rule, then we’re violating the spirit of fairness and concern that lie at the heart of morality.”