It's a Hoax! Still don't believe?
Here's language from (Facebook's actual terms of service) it's in the section you have to agree to, but never read, when you sign up.
"You own all of the content and information you post on Facebook, and you can control how it is shared through your privacy and application settings."
Really, it's pretty clear! So you don't have to waste time Copying & Pasting that As of Blah Blah!
Artist & Producer of Grammy Award Winning "Beats How U Want Em" Productions