The first friday after Valentine's Day. Sometimes can be extended by as much as a week. It is a time for mock Berlin walls, great speeches, jelly bean eating, and games such as Ring around the Reagan and pin the red on the Reagan. Origins forgotten.
"Why are you all dancing around that strange snowman?"
"Duh, that's Reagan, and it's Reagan Day, and we're playing Ring around the Reagan"
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To be decked out in a showy, gaudy, or tasteless manner.
"Aren't you bedizen in that little black dress?"
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