After happening upon a snotty rich kid named, Rex, who is legendary for winning the annual toy boat race, Arnold and Gerald decide to enter the race. Fed up with Principal Wartz's budget cuts, the teachers decide to go out on strike.
Tour de Pond: Arnold and Gerald enter the Tour De Pond boat race, and face competition with Rex Smythe-Higgins III, whose family has won ever since Rex's grandfather cheated and beat Arnold's Grandpa 70 years ago. Teacher's Strike: Teachers of Arnold's school go on strike because of inadequate funding; He and his friends are on cloud nine, only to find out that every lost school day will be taken from their summer vacation.