First of all, you understand it wrong. Protestants do not “put soley their own selves in charge of tradition and Biblican interpretation”. Just like the Catholic Church, Biblical understanding and Tradition has developed over time, the only difference between Catholics and Protestants in this regard is that the Catholic Church has “made it official” so to speak. Do you think the Catholic Church has some magical scroll filled with all the traditions and the ways of applying those traditions to modern problems? No, they have a group of people who sit down and do it. God does not descend down from Heaven and tell them what Tradition is, tradition, just like anything not in Scripture, has developed over the last 2,000 years because people have examined it and came to different conclusions. The Vatican has Councils to help decide that kind of thing, you seem to have no idea of how “Tradition” developed, its called Tradition because at one time it was new, where did “Tradition” come from? I know your’e going to say the apostles or some such, but that simply isn’t true. Sure some of it may have come directly from Apostles, but much of it has developed over time, starting hundreds of years AFTER Christ’s death, as different problems faced the “Church”.
Protestants do not exist in some type of vacuum, just like the Catholic Church, our understanding of the Bible and its concepts has developed over time, and we learn from history’s great thinkers and theologians, men like Aristotle, St. Augustine of Hippo, St. Thomas Aquinas, Martin Luther, Calvin, Pascal, John Locke, Dietrich Bonhoeffer, George MacDonald, G.K. Chesterton, C.S. Lewis, and Billy Graham. We study the Bible, we study other theologians, we study history, we don’t just rely on one group of men or an entire history of groups of men to tell us what to think, and I don’t believe for a second that Catholics do either. Are you forgetting this verse?
“Study to show thyself approved unto God, a workman that needeth not to be ashamed, rightly dividing the word of truth” (2 Timothy 2:15).
What happens, hypothetically, if you one day come to the conclusion that a part of Catholic Tradition seems to, in your mind, conflict with Scripture? Are you going to shrug it off because the Church is infalliable? Or will you nail it to the door of the Church like Martin Luther did? Which takes more courage? Which is the right thing to do?
Arguement against Sola Scripture is pointless because the theological views of Catholics and most Protestants conflict. The REASON Protestants do not accept many parts of Catholic tradition is because we see it as conflicting with Scripture, and when the two conflict Tradition has to go.
Second of all, your understanding of Church history is flawed. The Catholic Church is no more “THE Church” than any other wing of Christianity. There was no “Catholic” Church as an organized body until over 300 years after Christ’s death. Until that time there were losely related communities in different areas that made up Christ’s Church. The whole Church as you know it today did not exist until Constantine converted the Roman empire to Christianity.
Third, you seem to have the wrong idea about what the “Church” is anyway. The “Church” is not some organized body of believers with certain theological leanings or opinions, the “Church” is the entire body of believers. No specific organization or group can be called the only “True Church”, to do so only serves to divide Christ’s Church even more, something you seem to be willing to do.
Jesus made Peter the “rock of the Church”, no because there was anything particularly special about Peter, but because Peter represented the common man who would come to belong to the Church.
Your right, the Catholic Church did “put the Bible together” in so far as they organized books that were already written into the New Testament. That being said, they in no way “created” the Bible. They simply put together letters that had been around for hundreds of years into a collection, so don’t get any ideas that somehow the Catholic Church has some kind of copyright on the Bible and the ideas present in the New Testament. Whether it was a Catholic Council (as it was) or Martin Luther who organized the NT, nobody has any more authority than anyone else when it comes to interpreting Scripture.