Obama's only hope to pay for all the interventions he's promised,

or rather, hinted at, in particular, any hope of averting another Depression, is to pull American armed forces back within our borders. Ted Galen Carpenter doesn't offer much encouragement for that happening:

Although it is hard to imagine, Obama’s foreign policy could prove even worse than that of the Bush administration. He flirts with the notion that the guiding principal of U.S. foreign policy should be to promote, defend and enforce respect for “human dignity” in the world. As an operational concept, such a standard would have to improve several notches just to reach vacuous. At best, it would entail Washington becoming the nag of the planet, constantly hectoring other governments to improve their behavior. At worst, it could become an excuse for lavish foreign-aid expenditures and military interventions to protect the downtrodden in failed states or even in functioning countries with repressive regimes. Yet most of the probable arenas for such interventions entail little or no connection to America’s tangible interests. Instead, this country would embark on expensive and potentially dangerous humanitarian crusades that would bleed America’s armed forces and drain the treasury.

It will not be an improvement if an Obama administration withdraws American forces from Iraq only to launch new interventions in such strategically and economically irrelevant snake pits as Darfur and Burma. That is not the kind of foreign-policy change the American people want or need.

If President Obama adopts a security strategy confined to defending vital American interests, he will win—and deserve—the gratitude of the American people. If, on the other hand, he embraces a nebulous crusade to secure “human dignity” all over the world through the instruments of U.S. foreign aid and military power, he will undermine his own administration and ignite yet another round of public frustration about the unwillingness of political leaders to focus on America’s best interests and well-being. That is the fundamental choice facing President Obama as he enters the Oval Office.