Unable to boot up in windows properly

I wasn't doing anything unusual on my computer, simply on the internet when I recieved a "blue screen of death". Didn't recieve a chance to read it because the screen turned blank seconds after. A reboot revealed an inability to boot into windows properly. I recieve the usual login screen (booting normally or in safe mode) but after that the following happens :

1) Internet Explorer automatically begins running and connects to three websites in different tabs

-www3.sympatico.ca/pbradshaw6/id11_m.htm

-www3.sympatico.ca/pbradshaw6/index_1.htm

-www3.sympatico.ca/pbradshaw6/index.htm

2) Run-time error generated

-Error title (in message box) is "iexpore"....strange that it's mispelled but that's what it is

-Message body is as follows:

"

Runtime error '2147467259 (80004005)' :

-Automation Error

-Unspecified Error

"

3) Windows has not been started properly, there is a blank black background and only the mouse cursor is visible and can move around. The only thing I can do is use the key combination "ctrl + alt + del" to trriger the menu that lets me open task manager. I can open task manager and look at all the usual information found there. I cannot do anything else, no other key combinations work, like loading explorer for example "window-key + e".

To sum up, I virtually can't do anything and have no idea how to begin troubleshooting the problem. I can't even put a system CD (windows OS DVD) in and boot off of it. I tried putting the CD in and rebooting, hitting F12 for the boot menu and choosing to boot off the CD/DVD-ROM drive, but it just brought me to the usual login screen and seemed to have booted off the hard drive.

Any suggestions or ideas? Help would be greatly appreciated!