We will establish a secure connection from the cloud to the site owner on your behalf for page requests of sites using SSL (e.g. https://siteaddress.com./
Amazon Silk will facilitate a direct connection between your device and that site. Any security provided by these particular sites to their users would still exist.
Which is it?
The more I hear about Libertarians, the less I'm impressed. None of them seem able to learn from past mistakes, understand why things are the way they are now or what the straightforward, repeatedly demonstrated consequences of their pipe-dreams are.
Unlike your party?
Next, think about whether you need reversible encryption. If you're just validating passwords, use a one-way function. Similarly, if you only need the data for infrequent audit or forensics, you can encrypt it asymmetrically, where the system does not contain the private key. (Secure the private key somewhere else for emergency use.) The data goes into a black hole unless you manually intervene.
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To the systems programmer, users and applications serve only to provide a test load.