For one who loves the Lord of the Ring trilogy and have read the books, this is simply not true. As Gandalf the Grey stated, "The Ring is altogether evil." It is the reason the Fellowship cannot use the Ring and must be casted into the fires of Mt. Doom.
http://en.wikiquote.org/wiki/The_Fellowship_of_the_Ring
I am baffled that Catholics seem to want to do away with the concept of "evil".
Only liberal Catholics who have latched onto the 'conscience as king' attitudes, with their desires taking the place of an informed conscience.