Director Maurizio Nichetti is invited on TV to introduce a screening of his neo-realist classic 'The Icicle Thief'. He is horrified to discover that his black-and-white tale of life in poverty is constantly interrupted by garish color commercials, and even more horrified when a power cut in the studio causes film and commercials to mix up – a glamorous model finds herself in the arms of an unemployed pauper, while his wife finds herself in consumers' heaven. Nichetti has to break into the film to try to sort everything out.
Stefano is now forty years old but has not yet found his purpose in life, remaining an eternal dreamer waiting for that decisive enlightenment. With his parents who have great plans for him, Stefano realizes that he lost most of his years without a real goal and thinks back to all those missed opportunities that could have led him to another path, between old loves and unexploited opportunities .
In Milan, in the winter of 1944, the ruthless Cane Nero leads the fascists against the partisans. Enne 2, one of the leading figures of the C.N.L., meets Berta, whom he loved three years ago, but Berta refuses to leave her husband for him. Enne 2 is pursued by the fascists of Cane Nero and, instead of running away to Turin, waits for Berta to rejoin him