"The Christian faithful, conscious of their own responsibility, are bound by Christian obedience to follow what the sacred pastors, as representatives of Christ, declare as teachers of the faith or determine as leaders of the Church." -Vatican II. The Code of Canon Law. Coriden , et al., op. cit. Canon 212, Section 1.
Looks to me like "The CC says only it can tell people what is true." And that is definitely "denying the Holy Spirit that indwells all true."
Your notion of each individual as the pillar and foundation of all truth is chaos, not the Church.
Even the small group on here can’t agree on truth.
Your passage is found on a copyrighted page online, here:
http://books.google.com/books?id=4BnmQWtxeAIC&printsec=frontcover#v=onepage&q&f=false
amd here:
http://books.google.com/books?id=4BnmQWtxeAIC&printsec=frontcover#v=onepage&q&f=false
Which is a website linked to jesus-is-savior.com, a forbidden site by the Religion Mod.
Thats also one of the criteria for a cult.