Currency and Debt

The Republic of New England will carry no debt.
All our expenditures will be pay as you go.
We will never borrow from our citizens
Through the medium of bonds or notes.

When we separate from the U.S.A. we will abandon their debt.
New England has received far less than other regions in return on taxes
So we don't have any financial obligation to their federal government.
Besides, we have nothing in our treasury to give them.

We talked about currency a great deal and came up with an inspiration.
The Republic certainly does not wish to use the U.S. dollar.
Printing currency of our own presents special problems
Of convertibility and fluctuation in value.

So we decided to join the European Economic Union.
They will be glad to have such a frugal member.
Then the Euro can become our currency
And help us to enjoy our lovely vacations on the continent.

Italy has Dante on their euro.
We could have The Old Man on the Mountain on ours,
As a symbol of New England thrift,
And a reminder that we too could crumble into dust.