Fresh off the cult-film one-two punch of Repo Man and Sid & Nancy, British director Alex Cox took a torch to his career with this agitprop satire of Ronald Reagan's misadventures in Central America. In Walker Harris plays William Walker, the half-mad American soldier of fortune who ''liberated'' Nicaragua in the 1850s. Just in case the allegory isn't obvious enough, Cox lets his 19th-century characters read TIME, drink Coke, and smoke Marlboros in what may be the strangest film of the '80s. EXTRAS In a commentary, Cox talks about getting the Sandinistas' approval to film on location. B+


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