…by posting Content on an AIM Product, you grant AOL, its parent, affiliates, subsidiaries, assigns, agents and licensees the irrevocable, perpetual, worldwide right to reproduce, display, perform, distribute, adapt and promote this Content in any medium. You waive any right to privacy. You waive any right to inspect or approve uses of the Content or to be compensated for any such uses.

What AOL is saying, essentially, is this: they can use anything you post however they see fit, they don’t have to tell you before or after, and there’s not a damn thing you can do about it.