I am still not sure why this holiday was created. I guess it is just a reason to get a 3 day weekend. I know that Washington's birthday is in Feburary. And he chopped down a cherry tree when he was little. But that is about all I know.

According to wikipedia.org:

Titled Washington's Birthday, a federal holiday originally implemented by an Act of Congress in 1879 for government offices in the District of Columbia  and expanded in 1885 to include all federal offices . As the first federal holiday to honor an American citizen, the holiday was celebrated on Washington's actual birthday, February 22. On January 1, 1971, the federal holiday was shifted to the third Monday in February by the Uniform Monday Holiday Act. This date places it between February 15 and 21, which makes the name "Washington's Birthday" in some sense a misnomer, since it always falls between Washington's Old Style birthday, February 11, and New Style February 22.

If having to hire a baby sitter, because the kids got today off, or the banks being closed makes you angry. Check out this video from the new Comedy Central scetch comedy show, Key and Peele. It is a scetch detailing what President Obama is really wanting to say when addressing issues.