My Pavilion is doing that right now, it was caused by trying the assorted device drivers for the display adapter... I reckoned I had Intel based chips and the drivers are causing odd results.... so far I don't have a good driver to increase the display properties, but restarting has made a difference, I've gotten several results thus far, so not dead yet thankfully. I did have the blinking cursor you mention...at that point, the PC required a reboot... hold the power button until shut down, most PC, regardless of age, allow this, rather then unplug anything.
Bill