For those interested in the answers to Timmy's questions please go to this site and
check out questions 46-91 for a good review on infallibility, and how we came by the canon of scripture we use today. You can find out the answers to these questions and many more on this subject.
http://www.reclaimingthemind.org/268theologyquestions
Questions about Authority and the Bible (Bibliology)
Who do we trust for Christian authority?
What is Tradition?
What are the five main view for Christian authority?
Is the Scripture all we need?
What are the arguments for Sola Ecclesia (the Roman Catholic view of authority in the Church)?
What are the arguments against Sola Ecclesia (the Roman Catholic view of authority in the Church)? Part 1
What are the arguments against Sola Ecclesia (the Roman Catholic view of authority in the Church)? Part 2
Is the Bible alone the only infallible source for authority (sola Scriptura)?
Has the text of Scripture changed since it was first written?
How was the text of Scripture transferred from one generation to the next? Part 1
How was the text of Scripture transferred from one generation to the next? Part 2
How was the text of Scripture transferred from one generation to the next? Part 3
How accurate are Scriptures?
Do we have the right books?
What are the facts concerning the canon?
What are the tests of canonicity?
What are the arguments for the inclusion of the Deuterocanonical/Apocryphal books of the Roman Catholic Bible?
What are the argumentsagainst the inclusion of the Deuterocanonical/Apocryphal books of the Roman Catholic Bible?
What is the Old Testament canon?
How were the New Testament books decided upon? Part 1
How were the New Testament books decided upon? Part 2
How were the New Testament books decided upon? Part 3
What is the doctrine of inspiration?
What is the biblical view of inspiration?
What are the different theories of inspiration?
How does inspiration occur?
What is the most common mistake that evangelicals make with regard to their understanding of the inspiration of the Scriptures?
How do we know the Bible is inspired?
What is the internal evidence for the inspiration of Scripture? Part 1
What is the internal evidence for the inspiration of Scripture? Part 2
What is the external evidence for the inspiration of Scripture? Part 1
What is the external evidence for the inspiration of Scripture? Part 2
Does the Bible err?
How is inerrancy different from infallibility?
Chicago Statement of Biblical Inerrancy
What are the objections and responses to inerrancy?
What about all the "contradictions" in the Bible?
How have people historically interpreted Scripture?
How did the Rabbis interpret the Old Testament in Christ's day?
How did the Apostles interpret the Old Testament?
How did the early Church interpret Scripture?
How did people interpret Scripture during the medieval period?
How did the Reformers interpret Scripture?
What is the modern way of interpreting Scripture?
What are the basic principles of biblical interpretation?
What are some common interpretative fallacies?