That's usually what Catholics would like us to focus on. It's so much easier than looking at the entire passage isn't it? Let's look at it all.
1 Timothy 3:2 A bishop then must be blameless, the husband of one wife, vigilant, sober, of good behaviour, given to hospitality, apt to teach; 3 Not given to wine, no striker, not greedy of filthy lucre; but patient, not a brawler, not covetous; 4 One that ruleth well his own house, having his children in subjection with all gravity; 5 (For if a man know not how to rule his own house, how shall he take care of the church of God?)
Now, what were you saying?
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Well, it's good to see that you are at least admitting here that the Bible plainly teaches (as you clearly show in your post) that the Church founded by Jesus Christ should have bishops, and that God has given those bishops the responsibility of taking care of the true Church founded by Jesus Christ.
(That precisely illustrates one of the very serious problems with the erroneous philosophy that teaches that Christians should just be lone wolves and pikers, floating around here, there, and everywhere, without any bishops to take care of their "church".)
Here's a simple request, CynicalBear. Can you please tell us the name of your bishop?