A group of aliens return to earth to retrieve cocoons containing the people they'd left behind from an earlier trip. These cocoons had been resting at the bottom of the ocean. Once retrieved, they stored these recovered cocoons in the swimming pool of a house they'd rented in a small Florida town. Their mission is hampered by a number of elderly people from a nearby retirement community who had been secretly using the pool, and who discover unusual powers from within these cocoons.

Angelo "Snaps" Provolone made his dying father a promise on his deathbed: he would leave the world of crime and become an honest businessman. Despite having no experience in making money in a legal fashion, Snaps sets about to keep his promise. He is faced with numerous problems: henchmen who know nothing but crime, the police who are convinced he is hatching a master plan, and Oscar, who has just got his daughter pregnant.

Louis Winthorpe is a businessman who works for commodities brokerage firm of Duke and Duke owned by the brothers Mortimer and Randolph Duke. Now they bicker over the most trivial of matters and what they are bickering about is whether it's a person's environment or heredity that determines how well they will do in life. When Winthorpe bumps into Billy Ray Valentine, a street hustler and assumes he is trying to rob him, he has him arrested. Upon seeing how different the two men are, the brothers decide to make a wager as to what would happen if Winthorpe loses his job, his home and is shunned by everyone he knows and if Valentine was given Winthorpe's job. So they proceed to have Winthorpe arrested and to be placed in a compromising position in front of his girlfriend. So all he has to rely on is the hooker who was hired to ruin him.