In the near-future of 2008, the United States reels from the fallout of nuclear attacks on Texas. This national trauma has escalated tensions internationally, leading to World War III. Society is crumbling under the strain of widespread fear, a deteriorating environment, and an increasingly intrusive and authoritarian government. As part of a response to the dire energy crisis, a corporation known as US-IDent has developed a new form of sustainable fuel called Fluid Karma, which is derived from the ocean's currents. Fluid Karma not only promises a solution to the energy needs but also exhibits strange properties that alter the fabric of space and time.

Amidst this backdrop, Los Angeles becomes the epicenter for a complex web of events, involving an amnesiac actor Boxer Santaros, who has written a prophetic screenplay with the help of porn star Krysta Now. Their screenplay seems to echo the disjointed and dystopian world they are living in. Meanwhile, a police officer with an identical twin brother, Roland Taverner, becomes entangled in a conspiracy that involves the Neo-Marxist underground movement. The fragmented and troubled lives of these characters intersect as they navigate a society teetering on the brink of collapse, where realities blur and tensions culminate in the lead-up to a massive, climactic event known as "The Fourth of July.