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Hide homepage content on blog pagination

I have an index.php file running two queries - one to get the homepage content, and another to get the latest posts and paginate them. When a visitor clicks the pagination, I'd like the homepage content to disappear.

The code I'm using is below. Suggestions for solutions or alternative methods are welcome.

<div class="content">

	<?php $homepage = new WP_Query('pagename=home'); ?>

	<?php if($homepage->have_posts()) : ?><?php while($homepage->have_posts()) : $homepage->the_post(); ?>

	<div class="pageimage"><img src="<?php bloginfo('template_directory'); ?>/timthumb.php?src=<?php echo get_post_meta($post->ID, "thumbnail", $single = true); ?>&h=278&w=611&zc=1" alt="<?php the_title(); ?>" width="611" height="278" /></div>

	<h1><?php the_title(); ?></h1>

	<?php the_content(); ?>

	<?php endwhile; endif; ?>

	

	<div id="blog">

		<h2 class="blog">Have your say!</h2>

		<?php if (have_posts()) : while (have_posts()) : the_post(); ?>

		<div class="entry">

			<div class="entry_date"><span class="day"><?php the_time('j'); ?></span><span class="month"><?php the_time('M'); ?></span></div>

			<div class="entry_thumb"><a href="<?php the_permalink(); ?>" title="<?php the_title(); ?>"><img src="<?php bloginfo('template_directory'); ?>/timthumb.php?src=<?php echo get_post_meta($post->ID, "thumbnail", $single = true); ?>&h=201&w=201&zc=1" alt="<?php the_title(); ?>" width="201" height="201" /></a></div>

			<div class="entry_right">

				<h2 class="entry_title"><?php the_title(); ?></h2>

				<div class="entry_content"><p><?php the_excerpt(); ?></p></div>

				<div class="entry_actions">

					<a href="<?php the_permalink(); ?>" title="Continue reading <?php the_title(); ?>"><img src="<?php bloginfo('template_directory'); ?>/images/readmore.jpg" height="25" width="75" alt="read more" /></a>&nbsp;

					<a href="<?php the_permalink(); ?>#respond" title="Comment on <?php the_title(); ?>"><img src="<?php bloginfo('template_directory'); ?>/images/leavecomment.jpg" height="25" width="110" /></a>

				</div>

			</div>

			<div class="entry_tweets">

				<a href="#"><img src="images/tweets.jpg" height="62" width="50" /></a>

			</div>

			<div class="cboth"></div>

		</div>

		<?php endwhile; ?>

		<div id="pagenavigation"><?php if(function_exists('wp_pagenavi')) { wp_pagenavi(); } ?></div>

		<?php endif; ?>

	</div><!-- blog -->

</div><!-- .content -->