Can you please confirm the Operating system?
Premiere update 8.1
Really no power issues... Premiere just won't open any decent size projects.
Please go to following location move the Adobe folder to desktop,
User Library >> Application support>>
User Library>> Preferences>>
Make sure you're in user library not in system Library.
Please rename the Adobe folder in documents to old.adobe
Now try and open your projects.
Hope that helps.
I have tried to follow this, but I am not understanding what you mean. Which Adobe folder am I moving to the desktop? What am I doing in User Library with Application support? I don't have a folder called Preferences in User Library. I don't know which Adobe folder I am renaming? Its really hard for me to understand these steps. I am sorry.