Do we value our laundry more than our privacy?

Aaron says:

In the US, we have mandatory "Nutrition Facts" on food labels, couldn't we implement something similar to convey age, privacy, affiliation, and payment terms for a site or service? Privacy issues are already hard to track and it isn't getting any easier.

Here's a startup idea for someone: Parse a website's TOS to summarize in an easy-to-understand format.