>> christopher galvin stands first in the class. [applause] matthew christian. steven. robert brooks. brendan p. shawn h. jackson w. benjamin l. eric m.

jonathan poole. [applause] crutcher. elam.. katie d. micah d. emma c. quinn. r. la salle. erica a.

zachary patrick. william r. hurston a. l. jones. mcgee. .dward butler s. gruber. jeffrey s. j.rew

timothy j. andrew c.- jacob b. mitchell r. the white house is announced that president obama will be in oklahoma tomorrow to look at tornado damage and meet with survivors and first responders. we'll have coverage here on c- span. we tell to the representative of the small business administration on the role in disaster relief. he discussed the application and loan process. and how loans are administered not only to small businesses but homeowners and nonprofit organizations. the u.s. small business administration is a primary

source of federal systems of disaster for owners of private property area we offer low interest loans to homeowners, renters, and businesses of any size as well as nonprofit organizations. we are here to provide a tovice to offer those loans anyone who has damage in a disaster. to comey, we want them in at this time to one of our centers where they can get one- on-one assistance. sohave recover centers anyone can come in where there are resources available to them. we established the business recovery system here for businesses -- business owners to comment. businessklahoma small development centers.

they provide this all through the year. there may be some issues they have had prior that they can talk about. or they may not have records for their business area they may be applying further long and maybe to quit ashley great some of the records. we can help them if they need to re-create their business position, marketing and look for opportunities. maybe a major part of their clientele was affected. a lot of good counseling that's a part of recovery. it is free. -- womenhe whizzes business center. also partner with a chamber of commerce to get the word out to their members that we are here to do that. we meet one-on-one with every business member and homeowner or renter.

up to $200,000 to repair or replace a primary residence. we can loan up to 40,000 for personal property including vehicles. there are a lot of vehicles that were impacted. also for a short losses. we are going to cover. losses.for uninsured it is key for any by wes been impacted to come in to sba. they do not have to make the decision now if they want or need the loan. the key is for them to apply to make sure they have all of the help. for the homeowners and renters, if we are not able to approve them for a loan we were further back to fema for additional grant assistance.

-- we will refer them back to fema for additional grant assistance. most people are not excited about taking out a loan, they do not have to make the decision now. it's important for them to come in area we will meet with people. some people may think they have and they may have insurance, we do not want them to wait. we can have insurance, cover what it does not cover. it is really important that they come in and apply with us. when we process the application, will tell though what we can do and how much we can loan them for repairs. once they have that and they know they have that to rely on, we can adjust the loan area -- loan. the main thing is to expedite this recovery of the community.

sba loans provide an important source in that. business loans, we can provide up to $2 million for business property, machinery, it inventory -- inventory, that's for businesses of any size. for the small businesses and private nonprofit mama with the long working capital for need. when they apply for the disaster loan, is for the working capital as well. if a business did not have they can apply, through working capital loans. it helps pays those needs to overcome the disaster. until theydeferred get back into business and they complete their project or their home.

is to aid them in their recovery and help them with their process. they can come in here and sit down with a representative and we will answer all of their questions. we'll talk about how the lawn will help them in their situation. will help them complete the application. we can do it online with them. .e have computers here we can put them on the computer and help them complete the application and submit it. that is in our processing said -- center. will contact them to verify. and we will come up with an estimate. that is what we will process the loan for. we will meet with people and we will tell them that. three months from now, will meet with the same group of people and there will be someone who said i did not think i needed a loan and i applied.

and i am glad i did. there were any that were not covered. i had some other needs. they are glad they did. they have the peace of mind of knowing. there are no charges or costs or fees. there is no obligation. they are in control. it is simple. the homeowners rate is as low as 1.75%. for nonprofits it is as low as 2.8%. terms can be for 30 years. we are going to look at the financial conditions. >> you were talking about businesses that have other issues. >> those businesses can apply

for economic loans for working capital to help meet the needs that they would have been able to pay if the disaster had not occurred. inc. theypenses, would've been able to pay if the disaster had not occurred. -- things they would have been able to pay if the disaster had not occurred. helps the entire community. the loans we are making our for repairs for property or the working capital. it is going into the local rebuild. it is helping with damage to homes. it helps the whole community recover. >> what is the biggest misconception? name isy be that our the small business administration.

people look at the application essay i do not have a business. people who have rental properties can apply. it applies as a renter. that is the big think. we want people to know it. they do not have to make that decision. they'll have plenty of time to do that. they can see if we can help them. >> we will show some of the commencement speeches from around the country. we begin with for present apollo ryan. ryan.resentative paul and then nancy pelosi. , we were speeches from elizabeth warren. a&m.flores at texas

wisconsin representative paul ryan gave the 2030 commencement address and benedictine college. it is about 20 minutes. [applause] >> thank you. thank you. president, alex, where are you, alex? thank you for rekindling that feeling i had at the republican national convention after i followed condoleezza rice. thanks a lot. i appreciate that. [laughter]

before i want to get into the commencement, i have heard so many good things about benedictine college. my friend, who spoke last year, called me up and told me about the school. he said you are a tightknit and broad-minded, small sized and bighearted. i have spent a little bit of time here. i got to do p90x this morning. i got to do dinner with the archbishop. i got to check out the river. and i got to find out that 90% of the senior class had a problem when they were freshmen. that is how many people stood up and complained. [laughter] you made me feel at home. this is a special place. it is obvious. you have done a great honor by being here and getting a

diploma. i want to thank you for sharing this. you know, as i have talked to you i have been struck by some of the changes you have seen. it is great to see one with dark hair. we have seen a new hope at st. peter's and the largest freshman class in history. on this beautiful day, there are three things that are clear -- you have been through a lot, your parents have paid a lot. alex made that clear. and today we celebrate your congratulations. congratulations. [applause] now that we are done with the important stuff, it is time for my advice. whenever i am in the situation i ask myself, what do i know now that i wish i knew then? well, sorry.

life is not that easy. you can't ask someone for the best shortcuts to take. you have to learn some lessons by living them. those lessons tend to be the hardest but also the most fulfilling. and often they are lessons of faith. i gather you know quite a bit about this topic. you know very well that faith is not a christmas ornament, it is not something you save for a special occasion, it is something you live with and struggle with every day. that is why it is so frustrating and so comforting. it is always there. it is always there waiting for you. sometimes the hardest part is finding your faith, finding what you really believe. as you know, philosophy is not a book of answers, it is a search for wisdom. my advice is to keep up the search.

if you have questions after four years of college, if you're not satisfied, discover for yourself what it is you really believe. boil things down to basics. see how they add up. keep looking. that is why they call this a commencement because there is no end to your spiritual and philosophical journey. but as you gain wisdom, you will find more often you will be making refinements to your instead of big changes. and if you form your views this way, through discovery and debate, through thought and prayer, your moral code will be far more durable and rewarding. but as you develop that code, you have to live up to it. you have to put it into practice. as catholics, we are meant to be in the world, not of the world.

we are meant to take up a vocation god has given us and to do it well. several years ago i remember driving around the plains of kansas with my friend sam. thinking about, as a young man, what to do in life. i decided my vocation was to be public service. so today i want to talk to about my faith and attempt to live up to it. i want to try to answer this question -- how does a catholic public servant apply teaching? it is an important question. there are different ways to answer this question. our support for free enterprise and for strong communities. good catholics can disagree, and we do. that is the difficulty and the beauty of our faith. on some issues the teaching is crystal clear. for instance, we always attempt

the sanctity of life. on other issues, there is a broad art of judgment and there is room for everybody. i am not going to stand here and in short, what i hope to do is make the moral case for free enterprise. and in this effort i speak only for myself. and i ask only for your consideration. like yours, my faith and understanding is very personal and far from complete. it began when my dad died. i was 16. it was tough on our family. it was tough on me. i was raised catholic, went to catholic school, served as an altar boy. i thought i had it figured out. when something like that happens to you, it makes you question everything.

at a young age, i started a search for answers. i read everything i could get my hands on. freud, hagel, aristotle and aquinas, and everything you can imagine in between. in fact, you may have heard i enjoyed the work of a certain female author whose books are monuments to the idea that men and women should be true to their passions even in the face of social pressure to conform. it is true. i was. and i remain a huge fan of the "twilight" saga. [laughter] that actually is a joke. after i was elected to congress, i was young. i had to wrestle with many issues, as a representative and as a catholic. as i wrestled with my views, i kept noticing two things in my beliefs.