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Facebook Privacy Notice

Claim- You've probably seen it before with one, or several of your friends posting a "privacy notice" on Facebook, claiming to protect their rights and information. The wording varies, but typically goes something like...
Warning – any person and/or institution and/or Agent and/or Agency of any governmental structure including but not limited to the United States Federal Government also using or monitoring/using this website or any of its associated websites, you do NOT have my permission to utilize any of my profile information nor any of the content contained herein including, but not limited to my photos, and/or the comments made about my photos or any other “picture” art posted on my profile.
You are hereby notified that you are strictly prohibited from disclosing, copying, distributing, disseminating, or taking any other action against me with regard to this profile and the contents herein. The foregoing prohibitions also apply to your employee , agent , student or any personnel under your direction or control.
The contents of this profile are private and legally privileged and confidential information, and the violation of my personal privacy is punishable by law. UCC 1-103 1-308 ALL RIGHTS RESERVED WITHOUT PREJUDICE
Verdict- False. Ya, uh... no. Doesn't work that way. When you sign up for a Facebook account you are accepting their terms of service, which state "you grant (Facebook) a non-exclusive, transferable, sub-licensable, royalty-free, worldwide license to use any IP content that you post on or in connection with Facebook (IP License). This IP License ends when you delete your IP content or your account unless your content has been shared with others, and they have not deleted it."
You agree to those terms in order to use Facebook, and you can't simply change those terms how you see fit, as much as you would like to. That would defeat the whole purpose of an agreement. It would be like having a mortgage at the bank and suddenly deciding one day to change the terms of your agreement because you no longer feel like paying them. Chances are pretty good that the bank would have a few things to say about that, and you would end up looking for a new place to live in the near future. 

Essentially if you do not agree with Facebook's terms, the only option you have is to simply delete your account and not use their service. On the bright side, it would free up some of your time to actually go out and make new friends rather than sift through a ton of spammy app posts trying to stalk the friends you already have.

Sources/More Reading
Snopes Facebook Privacy Notice
Facecrooks Hoax Alert
Inquisitr Facebook Privacy Notice Doesn't Do Anything
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