Colour encoding problems are inherent in the original NTSC standard. The whole point of PAL is that it eliminates those swings of colour (so no hue control but a saturation control instead) but it does require more complex and so more expensive circuitry. The US did not choose NTSC for quality, but for cheapness. Any colour is better than monochrome, yes?
Edit: anyway, back to the OP once again, if you use an RGB monitor (or use RGB input into a suitable TV) then you should not experience any such problems.