Did you see the movie "The Queen"? Well if you did then you have already seen this movie. Exact same premise.
Substitute Nixon for the Queen, the US for the UK, add the same old boring "for the people" underdog good against evil laughing together in the end c-r-a-p (they sensor out the word if you spell it correctly) and voila, you've just wasted $12.50
I mean really!