osx problem (can't boot after setting up Boot Camp)

sup guys i am in need of help...i got the new imac 21.5 i3 and i boot camped it with windows 7 ultimate windows always runs great but just as i wanted to run mac osx i got the ring of death...i put in the mac osx install dvd to restore from time capsule but it says searching for hours and hours and it just doesnt work so i went to disc utility to repair mac osx hd disc i guess that was the name of it and it said it couldnt be repaired it was corrupted and i have to save all the goof finals on a cd and refurbish or something like that the thing i have now and this and...as you can see idk what im talking about or what this darn comp is telling me because i just bought it in september and it was good its only be a few months and its already dying on me especially when i play black ops lol the vidoe card bugs out a lot...anyway plz help idk wat to do maybe there is a easier and faster way around this problem...im currently on my windows partition and its running fine so for now im going to be using this...ty for your time in reading this if you did lol

tl;dr osx is broken cant fix it help thx

 

no thats not what happened the first time it happend was with the ring of death where the loading screen kept on going and going i fixed that by loading up the mac osx install dvd and ran time capsule and restore the system back to the latest time capsule data saved...but now now i cant even load time capsule so i went into disc utility... i clicked repair on mac osx cd dvd and it said that it is corrupted and wanted me to save all the good data onto a disc and reinstall everything again...how do i reformat?

 

what if i dont want to lose everything on the partition