Tim Heidecker and Eric Wareheim are two filmmakers who are given a record-setting $1 billion budget to make a movie. The funds are provided by Tommy Schlaaang and the Schlaaang Corporation. The two waste all of their money on the making of ''Bonjour, Diamond Jim'', a three-minute film (based on a poem by "personal shopper and spiritual guru" Jim Joe Kelly [<nowiki/>Zach Galifianakis], whom they paid $500,000 a week), plus expensive makeovers, 10-course lunches, real diamonds for Diamond Jim's suit, and a Johnny Depp impersonator. Because of this, the two leave Los Angeles in fear that they will go to prison or be hunted down by the Schlaaang Corp.