Great points Chester.
My personal thoughts about this is Truth is a Person. We are in different places in our relationship with this Person. So it's actually possible you might believe something about Him and I might believe something about Him, but both of us be correct because that's what we've been revealed.
I could say Chester is a nice guy. And that's true.
Some one else could say Chester is a funny guy. And that's true too.
But does it mean Chester isn't both a nice and a funny guy?
If someone met Chester and they didn't get along with him, is it true for him to say Chester isn't a nice guy? Well that was his understanding and experience, but the reality is, it all depends on what they know about you Chester. To them all of those statement are true.
However if we are looking at things as absolute in regards to God. I believe Jesus is God is our closest example to perfect theology. Because Jesus is the Invisible made Visible.
In the OT, we have many stories about many men and women.
In the NT, we have one story about one Man.
He is our perfect theology. But there is also a relationship and understanding of who He is.
Example: If I see God is love being the focal point of all Scripture (which I do) then I will interpret through that lens. If I see God is Holy (which He is) being the focal point of all Scripture then I might interpret through that lens. If I believe us being Sons of God and knowing Him as Father, that will be my lens, if I believe Scripture is about the eternal masterpiece of God and showing the principalities and powers that His ways are best, then that will be my lens, all these things are true in Scripture, but the priority we give to each will change our lens.
He is so infinite, He is so majestic, that we are all a unique representation of Him on the Earth, all a part of His Body, and we all are important, we are all cherished, loved, and we all have something to teach about who He is. Either with our words or simply with our lives. We all have a part to play.
Does that mean we will all agree? Nope. In fact, it pretty much means we won't always agree.
Even seeing God through the lens of Jesus is interpretive in nature. We have 4 gospels to show this, each a different aspect of who He is, which is the focal point of Scripture? All of them. But we won't always see it that way.
I believe the reality of us being in Christ to be one of the biggest driving points of Scripture, others don't. The only thing I can do is remember what Paul says about the Lord Himself upholding them. And me not judging them or their relationship with God. Of course there is a caveat even into this idea, which is that we are called to help our brother not stumble. Which in its simplest form is simply to love God and love others, but even that is interpretative. What does it mean to love God and love others? Jesus once again is our perfect model for this answer.
He is the Truth, the Way, and the Life.
But we also must consider ourselves to be fools with each other at times, in order to be wise, we must be willing to be taught, because the Holy Spirit is in each of us. Not that He will contradict Scripture of course, but He will contradict our interpretations of Scripture especially if He wants to bypass our "heads" and pierce our hearts. And isn't the essence of being teachable the ability to let our interpretations be challenged? We do not want to make our traditions make the word of God to no effect like others did before us.
C.
It would be really nice if we did not need to interpret Scripture. Just go by what the Bible says! But as PeterJens points out we all read different things into Scriptures often depending on our background and our own spiritual journeys. And as I think he tries to point out some people use their interpretation of Scripture to cover their own sins and addictions.
But there is only one correct interpretation of every verse and passage. The Calvinists and the Armininians are not both right. The premillenialists and the postmillienialists are not both right. (Now it could be that both or all are wrong!)
We could say there is only one correct Theology (with a capital T), but that there are many theologies (with a small t). Every person has a theology. Our goal should be to have our theology as close to Theology as possible.
(Now surely my theology is closer to Theology than yours!
Don't we all think that!)