Presidents’ Day Is a Lie (It’s Washington’s Birthday)
The Peter Schiff Show Podcast
Peter Schiff
4.6 • 5.9K Ratings
🗓️ 18 February 2026
⏱️ 53 minutes
🧾️ Download transcript
Summary
It’s not “Presidents’ Day.” Legally, it’s George Washington’s Birthday—and we’ve quietly erased the one American who actually deserves a national holiday.
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In this episode, I explain how a 1968 law moved holidays to Mondays, how retail “Presidents’ Day” sales hijacked the meaning, and why Washington’s character matters: the war hero who survived what should’ve killed him, turned down a crown, stepped away after two terms, and personally led troops to put down the Whiskey Rebellion.
We also cover a modern contrast: government subsidies and incentives that raise prices, distort markets, and create the very “affordability” problems politicians pretend to solve.
Chapters:
00:00 Cold Open: No Friends in the Pits
00:20 Show Intro: The Peter Schiff Show Begins
00:55 Why It’s George Washington’s Birthday (Not “Presidents’ Day”)
02:46 How “Presidents’ Day” Sales Hijacked the Holiday
05:32 Washington’s Early Life & French and Indian War Heroics
09:22 Leading the Revolution: Beating the World’s Strongest Army
12:07 Turning Down a Crown & Setting the Two-Term Precedent
13:39 The Whiskey Rebellion: A President Who Led from the Front
16:27 Why Washington Deserves the Holiday (And the Modern Debate)
19:32 Pepsi Cuts Prices 15%: The SNAP Junk Food Policy Angle
23:08 The Bigger Lesson: Subsidies Raise Prices (College, Housing, More)
25:34 Why Subsidies Make Housing, College & Healthcare More Expensive
26:48 Trump on Keeping Home Prices High (and the Credit-Fueled Fix)
28:57 Affordability 101: Demand Down or Supply Up?
30:15 SNAP Benefits as Money Supply: How It Spills Into Everything
33:43 The Farm Subsidy Paradox: Paying to Raise Food Prices
38:31 Government Spending, Inflation, and the Case for Gold
39:11 Gold & Silver Levels + Why to Dump Bitcoin
40:37 MicroStrategy/Strategy and Michael Saylor: The “Legal Ponzi” Critique
47:23 Palm Beach “Trump Airport” Trademark Story
50:44 Wrap-Up: Calls to Action, Subscribing, and Sign-Off
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#PresidentsDay #WashingtonsBirthday #HistoryFacts
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Transcript
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| 0:00.0 | You make no friends in the pits and you take no prisoners. |
| 0:05.1 | One minute, you're up half a million and soybeans and the next boom. |
| 0:07.5 | Your kids don't go to college and they've repossessed your vent here. |
| 0:09.5 | Are you with me? |
| 0:10.1 | The revolution starts now. |
| 0:12.4 | Starts now. |
| 0:13.7 | We have to pass the bill so that you can find out what is in it. |
| 0:18.0 | Turn those machines back on. |
| 0:20.3 | You are about to enter The Peter Schiff Show. |
| 0:23.9 | Show. |
| 0:25.7 | If we lose freedom here, there's no place to escape to. |
| 0:28.4 | This is the last stand on Earth. |
| 0:29.7 | The Peter Schiff Show is on. |
| 0:31.6 | I don't know when they decided that they wanted to make a virtue out of selfishness. |
| 0:35.5 | Your money. |
| 0:36.6 | Your stories. |
| 0:39.1 | Your freedom. The Peter Ships Show. that they wanted to make a virtue out of selfishness your money your stories your freedom of peter shift show hi everybody welcome to the peter shift show I hope you all enjoyed your three-day holiday weekend. |
| 1:03.1 | Of course, most people who were celebrating the three-day weekend don't realize that Monday is supposed to be George Washington's birthday. |
| 1:13.6 | And that's because most people still refer to the holiday as President's Day. |
| 1:20.0 | But legally, it's not President's Day. |
| 1:23.7 | It is George Washington's birthday. |
| 1:27.1 | And I really wish that is how everybody referred to the holiday as opposed to President's Day. |
... |
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