ArtPlay Palette Embrace Me and other products from Anna Aspnes at Oscraps!
I don't know what it is but since a couple of months Picasa is often changing the colors of my layouts, especially when I'm having a lot of black and white on them. This layout, made with the fun ArtPlay Palette Embrace Me by Anna Aspnes should have been black, white and red instead of the sepia tones you are seeing now.
I also used Self WordART No. 2 and Artsy Template MultiPack No. 2 by Anna Aspnes at Oscraps.