I uninstalled again and this time I installed to the default directory rather then D:\Games\FallenEnchantress.
This time at the point where the game normally freezes I got a firewall notice asking if I want to allow it, when I allowed it the game continued.
It turns out the loading screen was a hiding the "application was changed, maybe by malware maybe by you, do you approve this change" notification that ESET firewall gives me.
So...
Bug 1 in my firewall: "Program has changed" window is not aggressive as it should be in "being on top"
Bugs in FE:
FE Bug 1:
The "loading" screen at the beginning should not freeze up if it fails to connect to the internet!
FE Bug 2:
When terminating the game a the loading screen, terminate properly (I can't run another instant until I restart the computer since it will not terminate for like 10 minutes)
FE Bug 3:
Loading screen should not aim at being "on top" of other windows, there is no reason for it to be and it hides important things like firewall notification.
FE Bug 4:
Minimizing the loading screen causes elemental a "this program is not responding" window to occur from windows... Your options are "terminate" (bad) and "wait" which IMMEDIATELY maximizes the loading screen and sets it in focus! Let us minimize the stupid loading screen!
FE suggestion but not a bug:
Make the loading screen a small splash box that covers only a small portion of a screen rather then a full screen deal.