Spy satillites almost certainly can't read your license number in real time. You can calculate how small of an object you can see using a lense of a certian size from a certain distance away, and even with the largest possible lenses spy satellites probably can't get resolution high enough to read a license plate from space (we can get an idea of the largest possible lense size because we know about the rockets that the government uses to launch satellites.the system spies on you as a matter of course.
i'm sure you are aware of military spy satellites and goodies such as echelon and carnivore. google earth is just the tip of the iceberg when it comes to spying. military satellites can read your license number in real time.
You could probably improve the resolution greatly by taking many pictures of the same area and averaging them, but that would but much much slower than real time.