I find it Interesting that there are divisions to how one would approach belief in the Bible. Just as we have Democrats, Independents and Republicans, I am afraid that American Christians have divided themselves also. We have those who believe in liberal theology, mainstream, and conservative fundamentalism.
They believe that the Bible is "with error" and written by man, not of God. So that means the virgin birth may have been a myth or story as well as Christ's teachings and so on.
The quote within this creed that stands out is "according to the Scriptures". Mainstream folk believe in the Scriptures but also believe in the Apostolic Church. This means that the Pope is a direct descendant of Peter and the apostolic tradition continues which includes that only those who are under this apostolic tradition....priests, bishops, archbishops, cardinals, and Pope can interpret and truly teach the Scripture. They have wrote an extensive statement of faith throughout history with their catechism of the church. So men do not have the freedom to interpret Scripture in mainstream Christianity. It must be interpreted for you according to apostolic tradition.
Wikipedia says it best: Through apostolic succession, the Church believes itself to be the continuation of the Christian community founded by Jesus in his consecration of Saint Peter, a view shared by many historians. It has defined its doctrines through various ecumenical councils, following the example set by the first Apostles in the Council of Jerusalem. On the basis of promises made by Jesus to his apostles, described in the Gospels, the Church believes that it is guided by the Holy Spirit and thereby protected from falling into doctrinal error.
Catholic beliefs are based on the deposit of Faith (containing both the Holy Bible and Sacred Tradition) handed down from the time of theApostles, which are interpreted by the Church's teaching authority. Those beliefs are summarized in the Nicene Creed and formally detailed in the Catechism of the Catholic Church.
So the reliance is not on the Bible alone, it is also included Sacred Traditions that have been interpreted by Church leaders of the past.
Fundamentalism: (defined from Merriam-Webster Dictionary Website www.m-w.com)
1 aoften capitalized : a movement in 20th century Protestantism emphasizing the literally interpreted Bible as fundamental to Christian life and teaching b: the beliefs of this movement c: adherence to such beliefs2: a movement or attitude stressing strict and literal adherence to a set of basic principles
Here is where the hardliners (some Protestant and mainly Baptist)come in with their belief of Scripture:
The Holy Bible was written by men divinely inspired and is God's revelation of Himself to man. It is a perfect treasure of divine instruction. It has God for its author, salvation for its end, and truth, without any mixture of error, for its matter. Therefore, all Scripture is totally true and trustworthy. It reveals the principles by which God judges us, and therefore is, and will remain to the end of the world, the true center of Christian union, and the supreme standard by which all human conduct, creeds, and religious opinions should be tried. All Scripture is a testimony to Christ, who is Himself the focus of divine revelation. (2000 Baptist Faith and Message...Southern Baptist Convention)
This statement is made to clarify and sum up the belief in Scripture and how it effects those who are conservative fundamentalists. Points to notice: "God's revelation to man" and "It is without error" and "supreme standard by which all human conduct, creeds, and religious opinions should be tried." If you believe in this statement as I highlight these past few viewpoints, then you are definitely a conservative fundamentalist. Long name huh?