Powershell.exe Application error (0xc0000142)

This error pops up any time I start the my laptop, restart, or after returning from a complete shutdown. I get another error like it when I try to open the command prompt. For the most part though my computer works fine but I still want to solve this issue just in case it gets worse.

Just to mention I have scanned several times for any viruses, etc. using multiple different kinds of malware protection programs. I have downloaded (or tried to download) several registry repairers. The ones that have downloaded properly have done nothing to solve the problem.

I don't know what to do. I am past the limit of my computer expertise and my I fear my sanity slipping.
Please Help.

Oh and I cannot get my system specs because system info doesn't download correctly.

it says "Index was out of range. Must be non-negative and less then the size of the collection.
Parameter name: index"

When I continue and change to automatic mode it does nothing.

Well this is what I got from Speccy.
http://speccy.piriform.com/results/7...SX2GbbTnbrGjXW

A system restore will not go back far enough anymore. This has been a persisting problem for almost two weeks now.

Yes I have SP-1 and my .NET framework is up to v4.0.

Sorry I took so long to reply. I tried to update windows but it failed somewhere along the line after the restart and took forever restarting.

My registry editor shows I only have v4.0 but when I went to update to v4.5 it said I have v4.5 or higher already installed.