The 'Fellowship Plan' was designed by committee, parties with vested interests, etc., what other outcome could be expected?
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.