Here is the solution.
It's similar to the link I found.
http://dev-answers.blogspot.com/2009/06/eclipse-build-errors-javalangobject.html
- Go to properties of project with the build error (right click > Properties)
- View the "Libraries" tab in the "Build Path" section
- Find the "JRE System Library" in the list (if this is missing then this error message is not an eclipse bug but a mis-configured project)
- Remove the "JRE System Library"
- Hit "Add Library ...", Select "JRE System Library" and add the appropriate JRE for the project (eg. 'Workspace default JRE')
- Hit "Finish" in the library selection and "OK" in the project properties and then wait for the re-build of the project
- Hopefully the error will be resolved ...