There's more than just those three options, which is nice...
I personally think that the use of the LoA to make oneself powerful is a misuse of our connectedness.
I'm much more in favor of raising the power of all people in one action.
Think about the following:
If, in the wake of 9/11, the Bush Administration had been wise enough to call all countries together, all people, and try to end every bad thing they could think of, the world would be so much better that the money they've made on the war would be insignificant compared to this impact they might have had.
In the words of Elrond:
"It should have ended that day; but Evil was allowed to endure... There is no honor left in men. They are scattered, divided, leaderless."