Oc Housing Connection

This week, we take a deep look at The Fed including it's history, structure and purpose. Who owns the Fed?  What's is it's relationship to the 12 Federal Reserve Banks and what do they do?  And (most importantly) what powers does the Fed have to increase or decrease money supply and affect the overall Monetary Policy of the United States.  Join our hosts Hamid and Fay Hamadanchy as they pick up from last week and dive deeper into this mysterious, quasi-governmental body (after first reviewing this week's economic indicators and likely Fed action).  Only on the OC HOUSING CONNECTION here on Orange County's only community radio station, www.OCTalkRadio.net.