Shheeeesshh// OK, as you can boot into the install via ssh, we can safely assume your install is good leaving us at looking at a graphics driver issue. I had hoped that the "nomodeset" option would allow us to get to the desk top.....
LiveCD -> yeah to big to fit on a regular cd, use a DVD or USB.
Presently I also do not understand stopping --"stops at or after "loading initial ramdisk"; That stage is just loading the image into ram to make the initial ram file system... hummm got memory problems ????
Back to the issue at hand, graphics driver. Do you know what card you have ? -try some other boot options-
How old is this machine? Wondering if the processor supports newer technologies (pae and sse2).
not much help, still scramble'n