Spongebob & Patrick: By the all seeing eye, ye are worthy. We are not.
Squidward: What are you two idiots doing?
Patrick: Secret ritual.
Spongebob: To inaugurate you as president.
Squidward: Me? President of Bikini Bottom? I knew the people would come to their senses.
Patrick: No, silly. Not the president of Bikini Bottom. Even better.
Squidward: Better?
Spongebob: You’re the president of ‘The Secret Royal Order of the Good Neighbor Lodge’.