Rails Activerecord/Postgres time format
The problem is that there is no time-of-day class in Ruby or Rails. All the time classes are dates or timestamps (i.e. date plus time of day).
Inside the database it will be a time (without timezone) column and it will behave properly inside the database. However, once the time gets into Ruby, ActiveRecord will add a date component because there is no plain time-of-day class available, it just happens to use 2000-01-01 as the date.
Everything will be fine inside the database but you'll have to exercise a little bit of caution to ignore the date component when you're outside the database in Rails.