You've probably seen a lot of this in your Facebook feed:
People fall for this every few months. Posting something with a lot of impressively big words unfortuantely doesn't mean squat in terms of protrecting anything you post on Facebook.
When you sign up for Facebook, you're signing away any right you have to keep any of material shared private. It can be used for anything, without compensation by Facebook.
It's tempting to post that "disclaimer" though, because it would be nice to have control over the witty drunken status updates you make. Which is why, along with drunk texting, you should never drunk Facebook.