Greyed out folder options & no right click on task bar

[videobruce]

I lost the right clickability on the taskbar (nothing happens) and the quick launch tray isn't there. If I right click on the system clock some of the toolbars are greyed out. Under folder options, the "enable web content" and "single click to open" boxes are greyed out. Hope that made sense.

Running 2k w/sp3. Any ideas?