With a little help from Microsoft I solved this issue. I was able to click send an error report and search for solution or whatever that button says when you crash. This lead me to find out that the Action Center does not by default come set to search online for issue updates. After selecting to update issues online it came up with a solution. The problem by my understanding is something installed an older version of the VS2005 runtime. By something I suspect one of the many steam installs is to blame... has anyone looked at the number of runtimes it's installed with each game?
Solution: I installed the 32 and 64 bit runtimes from the linked page at Microsoft and issue solved after restart.