There's an article with the title "Those NSA 'reforms' in full: El Reg translates US Prez Obama's pledges" on today's Register. The subtitle says it all: "Filleting fact from fiction."
Here's what it's about:
"As such we've taken a transcript of the president's words and, given what we know about today's mass surveillance operations, tried to work out what was actually said. Prez Obama's speech is presented below in bold, with our annotations throughout."
Depending upon one's mood, it might be an interesting read . . .