Is there really a plan, though? I mean the 'Eagle Plan' seems much more viable than the 'Fellowship Plan'. The fellowship was so bad it even included a couple humans who were pre-disposed to the rings affects and, as such, didn't last too long.
Are you implying that all plans by committee are doomed to failure? :)
The whole ring story is just an imperialist narrative constructed to justify preemptive warfare on the "lesser" races of Mordor by the military-industrial complex in Gondor. Gandalf knows the ring is powerless; it's merely symbolic. After he becomes a Grand Wizard-- sorry, White Wizard, Gandalf feels ready to lead the war on the inferior races who speak the "black speech."
Chomsky already explained all this: http://www.mcsweeneys.net/articles/unused-audio-commentary-b...
Brilliant.