No options in theme settings page

I am trying to fix a couple issues, both look to be fixed on the theme settings page, however there are virtually NO options on that page to do anything.

First problem is on my homepage on the presentation page columns, there seems to be a rollover feature that disables the hyperlink. I need to fix that and I’d also like to change the color.

The other problem is I want to remove the “No Posts To Display” text at the bottom of my homepage.

The fix to both of these issues points to the theme settings page, but again, there are no option to select presentation page settings. I took a screenshot:

thank you