1st of all i like facebook and i have always limited the amount of stuff i throw online and cheked my privacy settings.
So i dont like the conspiracy theory psychotic panic generating kinda people that spread garbage that we all are living in a big lie. Well if you don’t like something then do something about it !
And if somone is concerned about his or hers privacy and suddently realizes that until now he wasnt doing the right things to protect himself, here is a very nice New York Times article that explains the basics of it
http://www.nytimes.com/external/readwriteweb/2010/01/20/20readwriteweb-the-3-facebook-settings-every-user-should-c-29287.html?em
it also provides links to other articles, a online petition from ACLU American Civil Liberties Union
https://secure.aclu.org/site/SPageNavigator/CN_Facebook_Privacy_Petition
and you can also file a complaint even if you are not american because facebook is an american company , you can do so here
https://www.ftccomplaintassistant.gov/FTC_Wizard.aspx?Lang=en
Well i have done all of the above except complaining because i was always aware that Facebook uses a advertisement based business model and needs to make a living from posting user tailored and directed advertisements.
How would facebook ever survive as a service, a free( tax-free) service without using money? well you try and manage online accounts of more than 200 milion users without money. If you succeed you will have all my respect and all our gratitude for providing a facebook looking/standard achieveing solution with no fees and no advertisements.
Untill that happens im ok with facebook as it is 
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