Same issue here.

CPU: model name : AMD Athlon(tm) 64 X2 Dual Core Processor 4200+

graphics:
          description: VGA compatible controller
          product: C61 [GeForce 6150SE nForce 430]
          vendor: NVIDIA Corporation

fwiw, date/time is not displaying seconds. Shutting off the CPU/network
monitor indicator immediately ramped CPU load down to normal idle levels

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https://bugs.launchpad.net/bugs/784055

Title:
  compiz CPU usage increases dramatically when running indicator-
  multiload

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