Talking to iFMagazine.com (via MTV's Splash Page), Snyder says, "That’s really my favorite comic book. However, the studio has this massive franchise and I don’t think they’ll let me make a BATMAN movie where he’s fifty years old and Ronald Reagan is president." I think Snyder just missed his window. After "Batman & Robin", I think Warner Bros. would have tried anything to get the franchise off the ground again. Then again, with "The Dark Knight" WB allowed Batman to be portrayed as a fascist and that fits right in with Miller's comic. Keep hope alive, Snyder!
Head over to iFMagazine.com to check out the full interview where Snyder also talks about his favorite Minuteman and why he chose to keep the film set in the 80s rather than the modern-day.