When I boot I get new launcher with status updating profile & version list that does not go away

When I boot I get new launcher with status updating profile & version list that does not go away I can not do anything
I get this:

Launcher 1.0.9 (through bootstrap 4) started on windows...
Current time is Jul 10, 2013 11:05:32 AM
System.getProperty('os.name') == 'Windows Vista'
System.getProperty('os.version') == '6.0'
System.getProperty('os.arch') == 'x86'
System.getProperty('java.version') == '1.7.0_09'
System.getProperty('java.vendor') == 'Oracle Corporation'
System.getProperty('sun.arch.data.model') == '32'
Going to log in with legacy stored username & password...
Loaded 1 profile(s); selected 'default'
Unexpected exception refreshing version list
java.lang.NullPointerException
	at net.minecraft.launcher.updater.VersionList.addVersion(VersionList.java:90)
	at net.minecraft.launcher.updater.LocalVersionList.refreshVersions(LocalVersionList.java:44)
	at net.minecraft.launcher.updater.VersionManager.refreshVersions(VersionManager.java:47)
	at net.minecraft.launcher.Launcher$2.run(Launcher.java:166)
	at java.util.concurrent.Executors$RunnableAdapter.call(Unknown Source)
	at java.util.concurrent.FutureTask$Sync.innerRun(Unknown Source)
	at java.util.concurrent.FutureTask.run(Unknown Source)
	at java.util.concurrent.ThreadPoolExecutor.runWorker(Unknown Source)
	at java.util.concurrent.ThreadPoolExecutor$Worker.run(Unknown Source)
	at java.lang.Thread.run(Unknown Source)

Trying to log in...
Logging in with access token
Couldn't go online
net.minecraft.launcher.authentication.exceptions.InvalidCredentialsException: Invalid token.
	at net.minecraft.launcher.authentication.yggdrasil.YggdrasilAuthenticationService.makeRequest(YggdrasilAuthenticationService.java:123)
	at net.minecraft.launcher.authentication.yggdrasil.YggdrasilAuthenticationService.logInWithToken(YggdrasilAuthenticationService.java:97)
	at net.minecraft.launcher.authentication.yggdrasil.YggdrasilAuthenticationService.logIn(YggdrasilAuthenticationService.java:50)
	at net.minecraft.launcher.ui.sidebar.login.NotLoggedInForm$1.run(NotLoggedInForm.java:162)
	at java.util.concurrent.Executors$RunnableAdapter.call(Unknown Source)
	at java.util.concurrent.FutureTask$Sync.innerRun(Unknown Source)
	at java.util.concurrent.FutureTask.run(Unknown Source)
	at java.util.concurrent.ThreadPoolExecutor.runWorker(Unknown Source)
	at java.util.concurrent.ThreadPoolExecutor$Worker.run(Unknown Source)
	at java.lang.Thread.run(Unknown Source)

Going to play offline as 'ItzJustRick'...
Delta time to compare resources: 1257 ms 
Download job 'Resources' skipped as there are no files to download
Job 'Resources' finished successfully
Going to log in with legacy stored username & password...
Trying to log in...
Logging in with access token
Couldn't go online
net.minecraft.launcher.authentication.exceptions.InvalidCredentialsException: Invalid token.
	at net.minecraft.launcher.authentication.yggdrasil.YggdrasilAuthenticationService.makeRequest(YggdrasilAuthenticationService.java:123)
	at net.minecraft.launcher.authentication.yggdrasil.YggdrasilAuthenticationService.logInWithToken(YggdrasilAuthenticationService.java:97)
	at net.minecraft.launcher.authentication.yggdrasil.YggdrasilAuthenticationService.logIn(YggdrasilAuthenticationService.java:50)
	at net.minecraft.launcher.ui.sidebar.login.NotLoggedInForm$1.run(NotLoggedInForm.java:162)
	at java.util.concurrent.Executors$RunnableAdapter.call(Unknown Source)
	at java.util.concurrent.FutureTask$Sync.innerRun(Unknown Source)
	at java.util.concurrent.FutureTask.run(Unknown Source)
	at java.util.concurrent.ThreadPoolExecutor.runWorker(Unknown Source)
	at java.util.concurrent.ThreadPoolExecutor$Worker.run(Unknown Source)
	at java.lang.Thread.run(Unknown Source)

Going to play offline as 'ItzJustRick'...

does anyone know anything to solve the problem