There was so much hype with Y2K, but it turns out that it’s a leap second that takes out portions of the web. I had my Amazon EC2 instances taken out with this bug. This little code snippet brought the java cpu load back to normal.
/etc/init.d/ntpd stop; date; date `date +”%m%d%H%M%C%y.%S”`; date
Then you just need to restart ntpd. Some have reported having to wait awhile to restart ntpd so that the issue doesn’t happen again.