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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