Newsmakers: Britney Spears, Robert Redford

I wasn't around for all of it. It's too intense for me. To the outside world, it's a big fat market where you have people like Paris Hilton going to parties. Now, she doesn't have anything to do with anything. I think the festival is close to being out of control.

Had you watched "All the President's Men" since you made it?

At the Sundance lab last June, everybody wanted to see it because of Mark Felt coming out. It was the first time that I'd watched it in 30 years.

How did you start getting obsessed with Watergate?

After the break-in, I heard some reporters suggest there was more to it, that it probably went toward Nixon. But nobody wanted to f--- with him. He gave me an award once--I was 13, he was a senator. I remember being struck by what a bad vibe I got from the guy.

What's the political landscape look like to you today?