This is also one of my most favorite James Franco funnordie.com sketches. He is making fun of himself over the fact that he WAS scheduled to give the commencement speech for UCLA. However, it was said that he backed out due to a film commitment....but this was while he was taking classes at UCLA and a photo started circulating of him completely asleep during a class...mouth open , the whole bit. Then there were rumors that he was receiving "celebrity treatment" in school....so this entire fake speech pokes fun at that whole situation. I laughed out loud during this.