SELinux is preventing ntpd from 'read' accesses on the file /etc/resolv.conf.

*****  Plugin restorecon (99.5 confidence) suggests  *************************

If you want to fix the label. 
/etc/resolv.conf default label should be net_conf_t.
Then you can run restorecon.
Do
# /sbin/restorecon -v /etc/resolv.conf

*****  Plugin catchall (1.49 confidence) suggests  ***************************

If you believe that ntpd should be allowed read access on the resolv.conf file by default.
Then you should report this as a bug.
You can generate a local policy module to allow this access.
Do
allow this access for now by executing:
# grep ntpd /var/log/audit/audit.log | audit2allow -M mypol
# semodule -i mypol.pp

Additional Information:
Source Context                system_u:system_r:ntpd_t:s0
Target Context                system_u:object_r:NetworkManager_var_lib_t:s0
Target Objects                /etc/resolv.conf [ file ]
Source                        ntpd
Source Path                   ntpd
Port                          <Unbekannt>
Host                          (removed)
Source RPM Packages           
Target RPM Packages           
Policy RPM                    selinux-policy-3.9.16-38.fc15
Selinux Enabled               True
Policy Type                   targeted
Enforcing Mode                Enforcing
Host Name                     (removed)
Platform                      Linux (removed) 2.6.40.1-1.fc15.i686.PAE #1 SMP
                              Sat Aug 6 06:02:30 UTC 2011 i686 i686
Alert Count                   3
First Seen                    Sa 13 Aug 2011 17:06:37 CEST
Last Seen                     Sa 13 Aug 2011 17:08:41 CEST
Local ID                      2d5e3247-fb0d-4e0a-82bd-a25db6467d81

Raw Audit Messages
type=AVC msg=audit(1313248121.634:68): avc:  denied  { read } for  pid=828 comm="ntpd" name="resolv.conf" dev=dm-1 ino=1838139 scontext=system_u:system_r:ntpd_t:s0 tcontext=system_u:object_r:NetworkManager_var_lib_t:s0 tclass=file


Hash: ntpd,ntpd_t,NetworkManager_var_lib_t,file,read

audit2allow

#============= ntpd_t ==============
allow ntpd_t NetworkManager_var_lib_t:file read;

audit2allow -R

#============= ntpd_t ==============
allow ntpd_t NetworkManager_var_lib_t:file read;