Lloyd and Harry are two men whose stupidity is really indescribable. When Mary, a beautiful woman, loses an important suitcase with money before she leaves for Aspen, the two friends (who have found the suitcase) decide to return it to her. After some "adventures" they finally get to Aspen where, using the lost money they live it up and fight for Mary's heart.
Bumbling Navy lieutenant Tom Dodge has been given one last chance to clean up his record. But Admiral Graham, his nemesis, assigns Dodge to the Stingray, a submarine that can barely keep afloat. To add insult to injury, the Stingray is to be the enemy flagship in the upcoming war games … and to make matters even worse, Dodge's crew is a band of idiots even more incompetent that he is!
During the final weeks of a presidential race, the President is accused of sexual misconduct. To distract the public until the election, the President's adviser hires a Hollywood producer to help him stage a fake war.