Shawn
Did you also disable the firewall(s)?
This is indeed challenging. I have not given up.
I am getting the impression that the issue may be in your computer and its registry.
How about this....go to the following website for the Premiere Elements 11 tryout download. Leave Premiere Elements 12 uninstalled, installed, does not matter. Just do not open it.
Photoshop Elements 11 Direct Download Links: Free Trials, Premiere | ProDesignTools
Then determine if the Project Assets issue exists in that Premiere Elements 11 tryout. Premiere Elements 11 and 12 are very similar and both have the Project Assets in its Expert workspace.
ATR
Clik here to view.
