Manager fails to start

I have had quite the time trying to get Manager to load. First I had to upgrade my Internet Explorer to IE8 and now I’m getting the following error.

I did the ping local host and the address is in there. I opened the etc file and it looks right per the other listed error report in your forum. Not sure what to do with this. I even uninstalled and reinstalled Manager.

Manager doesn’t require administrator privileges but just to see what will happen, can you right-click on Manager icon and select Run as administrator?