Time Off

The time on my blog is off. When I click “Save” to store a draft, it stated the draft was saved at 12:55am, when its actually 2:55am. I checked the time zone setting; It says UTC time is 2008-06-15 7:55:27
UTC -5 is 2008-06-15 2:55:27… and I have it set to UTC -5.

This is also causing an issue with comments…
I received a comment, but it stated the comment was posted and hour before the Blog Entry was posted.