I have tried EVERY solution people have given me to try to get asset manager to work.

Here are the problems:
1- Asset manager will not launch from launcher. It gives error saying FAILED TO EXECUTE: asset_manager.
2- If I open it from bin or anywhere else, it opens just fine. But when I go to files and click on "open" or "new" it just stops responding immediately.
3- I have gotten to the point once where I was actually ready to convert. And just as I got exited, when I converted my texture/material it force closed. (Yes, I was doing everything correctly) 

The things I tried to fix this:
1- Reinstalled mod tools (obviously). [I have done with many times with different downloads as well]
2- Reinstalled asset manager alone.
3- Ran as administrator.
4- Made sure it wasn't "read only".
5- Ran it on Windows Service Pack 3.
6- Ran it on windows Service Pack 3 and Administrator combined.

I need help. Any other solutions out there?

Try this it worked for me i was having a similair problem.

http://wiki.modsrepository.com/index.php?title=Call_of_Duty_5:_Fixing_Asset_Manager

Try this it worked for me i was having a similair problem.

http://wiki.modsrepository.com/index.php?title=Call_of_Duty_5:_Fixing_Asset_Manager

I can't seem to figure out how to make myself administrator over the entire folder...

The easiest way is to log in through an admin account.
Did you install the .NET framework versions shown in the link?

The easiest way is to log in through an admin account.
Did you install the .NET framework versions shown in the link?

Well I have the only account on my PC anyways, so it is admin. And do I need to do all of them in order?

EDIT: I just did everything the directions say and it still doesn't fucking work

I went through them one by one right click the .exe files in raw / bin and change compatibility mode to service pack 3 windows xp, and run as administrator , make sure to apply. It is also important to have your game.exe and launcher all running as admin. Also make sure to set the files if read only is ticked untick it on all the fuiles in the bin folder. , if it does bit work after that then sorry i am out of ideas

Good luck