If you are truly Protestant then you understand the following:
Martin Luther: Sacred Tradition, previous councils, popes, etc, aren’t binding on me, even if they disagree with what I am saying now.
Vatican II: We concur the same for us as well.
Pope Francis: I concur as well (cites Vat II, condemns the Council of Trent, etc).
*Protestantism Intensifies*
If you are truly Protestant then you should understand the following:
Historical papal teaching: 'the one duty of the multitude is to allow themselves to be led, and, like a docile flock, to follow the Pastors," "to suffer themselves to be guided and led in all things that touch upon faith or morals by the Holy Church of God through its Supreme Pastor the Roman Pontiff," "of submitting with docility to their judgment," with "no discussions regarding what he orders or demands, or up to what point obedience must go, and in what things he is to be obeyed... not only in person, but with letters and other public documents ;" and 'not limit the field in which he might and must exercise his authority, " for "obedience must not limit itself to matters which touch the faith: its sphere is much more vast: it extends to all matters which the episcopal power embraces," and not set up "some kind of opposition between one Pontiff and another. Those who, faced with two differing directives, reject the present one to hold to the past, are not giving proof of obedience to the authority which has the right and duty to guide them," "Nor must it be thought that what is expounded in Encyclical Letters does not of itself demand consent." (Sources: http://www.freerepublic.com/focus/religion/3578348/posts?page=14#14)
Vatican Two" In accordance with historical papal teaching the flock is bound to assent to what we teach as the Living Magisterium explaining what Sacred Tradition, previous councils, popes, etc. mean "in all matters which the episcopal power embraces," and laity are not to "set up some kind of opposition between one Pontiff and another."
Pope Francis: I concur as well (cites various historical papal teaching requiring such).
TradCaths: What Oral Tradition, previous councils, popes, etc. mean is determined by us who reject teachings of previous councils, popes and their "letters and other public documents ";etc. when we interpret ancient church teaching as contradicting them.
Martin Luther: I agree.