Cheerio's Speech Mishap

There was a Cheerio that had a job. He worked hard at it, and the boss came up and promoted him to the vice president of the Cheerios. So he needed a speech. He kept practicing and practicing and now he was thirsty. It was almost time for his speech, so he went to the drinking fountain, but there was a huge line. So he went to the lake, but he saw tons of garbage and what he thought was a cereal killer. So he found this bowl of punch, but he realized... there was no punchline.