It sounds like the president is supporting SOPA, but in actuality he is speaking in some law professor dialect where words do not mean what they seem to mean.
IIRC, Reagan's "shorthand" descriptions were directly on point and were not mis-understood by even foreign countries.
I guess Obama isn't the great communicator everyone thought he was...
Consider back when Clinton wanted to change healthcare many Republicans advocated for 'ObamaCare' which directly copied a host of republican ideas. Republicans did not actually mean what they where saying, they just wanted to shift the debate without saying we like the current system. Which is why you can find so many old speeches that are at great odds with what the party is saying today.
I know it's 7 years ago, but Mitt Romney is probably the next Republican presidential candidate and it's not like the party penalized him for his past stance. Or even really talks about it. And if you really want to dig into it, look at who voted for in in that states legislator.
I think it's a bit self-defeating of groups like fightforthefuture.org to label any type of support for increased copyright protection as "pro-SOPA", as there is nothing in this statement that says "the Administration supports protecting copyrights even if it means blacklisting DNS entries".