Help no option to edit from Menu button

[ThisIsGoofy]

Just switched to a Samsung Galaxy S2. Trying to create a folder to hold some of my favorite sites. When I choose the Menu button I do not get an Edit option. The only choices I have are Wallpapers, Managed apps and System settings. Touching an empty are on the home screen takes me to the same three things. I can't figure it out. What the heck??

 

[ThisIsGoofy]

I ended up doing a factory reset for another reason and this problem was fixed as well.