Movie show “ Policy Shmalicy”

What tv show or movie , does someone says well it’s policy

And his friend responds

“Policy Shmalicy”

How do you even spell Shmalicy

I'm pretty sure the rule of spelling is replacing the 1st letter (sometimes 1st 2 letters) with "shm"

Sounds like a load of shmollocks to me

This is a custom found amongst Yiddish speakers. (Which is to say, Ashkenazic Jews). To show derision for something by repeating the word, then adding a rhyming word that begins with "schm-". Like saying "Fancy-schmancy".

Like the joke about the Psychiatrist who tells the Jewish mother that her son is suffering from an Oedipus complex. She responds "Oedipus-schmoedipus, who cares as long as he loves his mother!"

There is a line like that spoken by Catherine Hicks in "Like Father Like Son"