Try this:
Go to LW's menu bar, Tools -> Options -> Advanced, Performance tab. Then check to disable both Ultrapeer and TLS abilities. These can both have an effect on system performance.

You may also wish to limit both your up and download speeds to 10-15% below present settings for both regular Gnutella files and torrents: Tools -> Options -> Transfers, Settings button. Check the limit up and download bandwidth options. Example: if present upload or download speed is 100 KB/s, then change to 90 or 85 KB/s. Do this for both.

Lord of the Rings thank you again for the info. I have try what you said and found it still doesnt stop the program from taking my bandwith from me. Again still no upload or download are being done. This is just me starting LW. For the life of me I dont know what to do to stop this from happening other then not use this verson of LW.

Try this then: Try deleting your LW Preferences folder whilst LW is closed; instructions here: Point #3 in Fixes for Limewire (sample image included at bottom of page.) * Note: also follow the instructions for backup of your Downloads.dat file.

BTW have you scanned your computer recently for virus, spyware, etc.?