As one of the maintainers of Soot let me advise you that you'll usually get faster help on the Soot mailing list, as not all of us might be watching StackOverflow. Ondrej Lhotak might be able to help with this...
Context-sensitive analysis is generally very expensive. Possible solution are (1) to do a demand-driven context-sensitive analysis (which Soot supports too; check the command line options), (2) construct you own hand-crafted pointer abstraction, or (3) exclude some of the runtime library from analysis (which would be unsound). Hope that helps...