I went into the IE menu "file" under Import and export, and then exported the favorites to all three files, the "default," "all users" and "owner". This seems to have made it work.
When I imported them, it did not work, so I am just confused as to from where and to where files are moving when dealing with IE and files on C drive. I am not sure what the original configuration was or why it changed, but for now it works and will remember the next time this happens. I should try to recreate the "error" for knowledge sake, but...............nah.