Comment 27 for bug 104091

Are you sure it's the same bug? Are you using Feisty or Gutsy beta?
do:
hwclock && date

either way do the following, it will update your clock every 2 hours:
sudo apt-get install ntpdate
sudo touch /etc/ntpdatey
gksu gedit /etc/ntpdatey

There paste:
#!/bin/bash
ntpdate time.nist.gov ntp.nasa.gov

Save & close, then do:
gksu gedit /etc/crontab

Add a line:
0 */2 * * * /etc/ntpdatey

Save & close, then do:
/etc/ntpdatey