Sometimes it gets a confused authorization.
According to other posts ( http://forums.adobe.com/message/4773741 ) the e_auth_not_ready can be fixed by deleting your authorization (yes you have one even though it doesn't show) and then reauthorizing. After launching ADE hit CONTROL+SHIFT+D (COMMAND+SHIFT+D) and say yes to delete authoriztion. Then go back in and reqauthorize your computer. You may want to also connect any devices and delete and reauthorize them.