I've been sick for the past week, so I wrote this song to make me feel better.
This song has been re-recorded! Download the new version here: http://www.reverbnation.com/drkwack/song/16934933-derpy-jam-remastered
Grinning Derpy vector by TBCroco (thanks for letting me use your vector, man!).

LYRICS, MAN
----------------------
I took a little walk and what did I find
a little wall-eyed friend of mine - I said
"how ya doing, how was your day?"
She said "I came to see if you could play" - I said
"let's just relax and take a walk"
And she still destroyed a city block
I bet some ponies were upset that day but still
it's okay

Through it all, thick and thin, Derpy Hooves is still my friend
I don't care where she's been, Derpy Hooves is still my friend
Through it all, thick and thin, Derpy Hooves is still my friend
and I don't care where she's been, I can't wait to see her again

I paid a visit to Mrs. Cake because
I knew that it was my turn to bake - but I
could soon sense that something was brewing
when Cake said "look what Derpy is doing!"
Derpy had somehow broken through the locks
and she was helping herself to a muffin box
well Mrs. Cake looked awfully bent but I said
"It's a compliment."

Through it all, thick and thin, Derpy Hooves is still my friend
I don't care where she's been, Derpy Hooves is still my friend
Through it all, thick and thin, Derpy Hooves is still my friend
and I don't care where she's been, I can't wait to see her again

The next day I was shocked to see
Derpy sadly coming over to me
She said "I never seem to do what I should
Maybe I should leave town for good"
I knelt down to issue one command
and took her little hooves in my hands
She looked at me with solid trust, and I said
"You can't leave us."

Derpy Hooves is still my friend