I do not give Facebook or any entities associated with Facebook permission to use my pictures, information, or posts, both past and future. By this statement I give notice to Facebook it is strictly forbidden to disclose, copy, distribute or take any other action against me based on this profile is private and confidential information. The violation of privacy can be punished by law (UCC 1-308-11 308-103 and Rome statute). NOTE: Facebook is now a public entity. Is this fake?

Yes. This is a very populat hoax right now.

snopes.com: Facebook Privacy Notice

Sorry, you cannot get out of contracts that easily.

Another source.

Facebook Copyright Hoax: Don't Copy and Paste that 'Copyright' Facebook Message - ABC News

Of course, as it's a private company, you can always delete your account ;)
The mere fact that you are using this service grants FB access to the information you choose to share.

That last sentence about Facebook is now a public entity is a new one on me. The rest of the hoax has been going around for years.
THINK about it - how could Facebook possibly be a public entity?

Quote:

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THINK about it - how could Facebook possibly be a public entity?

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It is :
http://www.nasdaq.com/symbol/fb