Will Ferrell to Play "Reagan" as Demented Basket-Case

The script postulates that Reagan had dementia in office and was so out of it that an intern has to keep him on script by convincing him he's an actor playing the president in a movie.

It's interesting that their hate never diminishes.

Oh, Ferrell is also working on a movie with John C. Reilly where they will play, assumedly, misguided nativists who go on their own down the border to protect it.

So Ferrell is officially out of his making-profitable-films phase and deep into his low-budget vanity project phase.