No. It does not all die.
First, please remember that the NSA is a spy agency. So long that their targets are legitimate (more on that in a second), they are expected to do everything within their powers to get to it.
Subverting the standards was a low blow, but as the ol' Tennessee saying goes "fool me once.... shame on... you?". Of course, by the time those standards were drafted, the standards body should have already known better (selling Enigma based encryption devices to foreign countries well into the 70's, anyone?). I'm hopeful, however, that we'll get spared "third time a fool".
As for the other activities, well, this is how spying gets done. That is how you spy on people in this day and age. With all of the justified criticism of the NSA, it would still be bad if they couldn't spy at all. They do, in fact, have a function to fulfill, and it is a function that needs fulfilling.
Circling back to who the targets should be. Spying against friendly foreign country leaders is not against the the law, or even, as far as I understand it, against the NSA's charter. It is an extremely foolish thing to do, but I don't think changing the law is the way to handle it.