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That doesn't quite follow that anything you load on your Kindle that isn't purchased from Amazon is therefore regarded by them as stolen. Myself and everyone I've talked to with a Kindle has more non-purchased content than purchased content (legal public domain or creative commons works). Not an issue. I don't see how their ToS could make it so. It could make an issue with illegal content but it remains to be seen what degree of examination they are undertaking on that front.
Seriously, if you want anonymity in your reading materials I would strongly dissuade you from downloading ANY content as well as from purchasing ANY content with a credit card. Here in the US with 750K on the watch list this is not solely the concerns of paranoiacs. I'm fine if the government knows I have a fondness for Jane Austen. They don't need to know my political leanings. They will likely know that if I download such works here, on a torrent site, on a Kindle, on a Sony Reader, if I pay for it with a credit card, or even if I search on the title on Google. If you want privacy, buy paper and pay in cash. I'm not saying this to lull you into any false sense of security. I'm saying it to warn you that there really is very little security.
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