When asked during an interview for CNBC's recent "Inside the Mind of Google" special about whether users should be sharing information with Google as if it were a "trusted friend," Schmidt responded, "If you have something that you don't want anyone to know, maybe you shouldn't be doing it in the first place."

What, no? maybe you should not have an email and credit cards then in the first place? Or what did you actually mean with your statement?

But seriously though, I've held a grudge against Eric ever since he uttered this completely absurd quote. He never backed away from it, because he didn't misspeak--he believes it.

In the twitter age and today's political landscape, the modes of privacy have been pushed to the rails. So even if you are only a minor celebrity, or whatever embarrassing episode you're caught in is viral, the gory details of every single part of your life could be blaring from a bullhorn on every street corner in milliseconds flat.