Dude those are air tool fittings, you have some made from zinc or steel, and some made from brass.
When brass and zinc or non stainless steel are in galvanic contact the zinc and iron corrodes, that's what is causing the brown water.
None of that stuff is fastened properly either, it's just a matter of time until a hose blows clean off and sends your entire computer to the junk yard.
Turn it off, drain it, and let a pro set it up properly