This has nothing to do with an absolute right of privacy. The 4th Amendment clearly spells out the power the government has regarding search and seizure. This has nothing to do with a right to privacy. This has to do with a limitation of government power that according to Obama logic needed to be destroyed so our rights could be saved.
Let's take a close look
The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no Warrants shall issue, but upon probable cause, supported by Oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized
Is it your position that the secret courts have warrants fitting this description for the information they are collecting?