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[cheering and applause] pres. Obama hello, rutgers. [cheering and applause] thank you so much everybody, please have a seat. Thank you for the introduction. Let me congratulate my extraordinarily worthy fellow honorary scarlet knights. Dr. Cornell and bill moyers. Matthew, good job. [laughter] if you are interested, we can talk after this. [laughter] [applause] one of the perks of my job is honorary degrees. [laughter] i have to tell you, it impresses nobody in my house. [laughter] now malia and sasha say, ok, dr. Dad, see you later. Can we have some money . [laughter] to the board of governors and chairman brown, the lieutenant governor, mayor cahill, mayor waller, members of congress, rutgers administrators, staff, and family. Thank you for the honor of joining you at the 250th anniversary of this remarkable institution. [cheering and applause] most of all, congratulations to the class of 2016. [cheering and applause] i come here for a simple reason, to finally settle this pork roll ....