A film that captures all the sadness of an American dream gone wrong. A man concocts impossible get-rich-quick schemes and insists on trying them out on his brother and girlfriend.
A Philadelphia radio personality, David (Jack Nicholson) has a tendency to mix fact and fiction in his talks, such as in a story about his "dead" grandfather (Charles LaVine). When his older brother, Jason (Bruce Dern), is jailed on a robbery charge, David is summoned to Atlantic City.
Upon his release from jail, Jason introduces David to his companions, the aging Sally (Ellen Burstyn) and her stepdaughter, Jessica (Julia Anne Robinson). While Jason talks of building a gambling casino on Waikiki Beach, David is sure that it's just another of his fantastic schemes, but stays on to see what happens anyway.