Well, okay.
>(1) if you really believe that, then you would have no problem with a group of strangers searching your house, your bank records, safety deposit boxes, all your digital assets, etc.
No, actually I wouldn't, because there's an entire freakin' universe of difference between cops searching your house, destroying things, having your neighbors wonder WTF is going on and having an open profile on a social network (which is what that oft-maligned quote was talking about)
Someone digging through your possessions (and strip searching your family, feckin' seriously?) is kind of not even similar to an email being picked up by an automated computer system.