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The film portrays Nixon as a complex and, in many respects, admirable, though deeply flawed, person. Nixon begins with a disclaimer that the film is "an attempt to understand the truth [...] based on numerous public sources and on an incomplete historical record."
The movie begins in 1972 with the White House Plumbers breaking into The Watergate and subsequently getting arrested. Eighteen months later in December 1973, Richard Nixon's Chief of Staff, Alexander Haig (Powers Boothe), brings Nixon (Anthony Hopkins) audio tapes for Nixon to listen. The two men discuss the Watergate scandal and the resulting chaos. After discussing the death of J. Edgar Hoover, Nixon uses profanity when discussing John Dean, James McCord and others involved in Watergate. As Haig turns to leave, Nixon asks Haig why he hasn't been given a pistol to commit suicide like an honorable soldier.
The film covers most aspects of Nixon's life and political career and implies that Nixon and his wife abused alcohol and prescription medications. Nixon's health problems, including his bout of phlebitis and pneumonia during the Watergate crisis, are also shown in the film, and his various medicants are sometimes attributed to these health issues. The film also hints at some kind of responsibility, real or imagined, that Nixon felt towards the John F. Kennedy assassination through references to the Bay of Pigs Invasion, the implication being that the mechanisms set into place for the invasion by Nixon during his term as Dwight D. Eisenhower's vice-president spiraled out of control to culminate in Kennedy's assassination and, eventually, Watergate.
Unlike some other characters in the film who represent actual people, Jack Jones, a billionaire investment banker and real estate tycoon, is a composite character,[3] who is emblematic of "big business" in general. The character may be a reference to Nixon's meetings with Clint Murchison, Sr., although he also illuminates Nixon's relationships with Howard Hughes, H. L. Hunt and other entrepreneurs.[4]