Move along. Nothing to see here.
The government has ALWAYS been able, at some level, to intercept communications. First telegraph messages, then cables, then phone calls. This is really just more of the same.
Intercepting communications is one of the big tools that law enforcement and counterterrorism has, and it's not a political, Republican vs. Democrat thing. Nor is it new because of the Internet, encryption software, or 9/11. It's something that's been important for a long time for crime prevention and prosecution, and national security.
The Internet is not magically in some alternate universe where normal rules don't apply, despite what you may think.
As long as we have governments, wars, terrorism, and crimes, we will have communications interception. Most other countries are more open about it than we are, probably because of the knee-jerk reaction you get in this country when the subject is brought up.
Frankly, whether the FBI or NSA has the ability to read/listen to/watch my stuff, with the appropriate controls and orders in place, is about 487th on my list of things to worry about.