The Church wrote and approved the bible. As author of the Bible, Holy Mother Church alone has rights to interpret the sacred texts, not some self-aggrandized bible thumpin' prima donna from California (of all places). The Church in Rome, the One, Holy, Catholic, and Apostolic Church alone interprets the Bible. Private interpretation of the Bible has gotten the world in more trouble than anything in its history.
From the radical fragmentation of Christianity - thanks to one sole private interpreting Augustinian monk named Martin Luther to the suicide pact cults who interpret the end in a remote compound, to Camping's failed predictions. And for what? Attention? God only knows. But once again, here is one more reason to trust in the One Church that Christ founded upon the Apostles: the Holy Roman Catholic Church - the world's sole authority of the Bible. We need to all remember that the Church is mother of the Bible not the other way around.