(Dr. Richard Peddicord)
Here's money troubles and I don't know what to do
My best friends they tell me I'm looking blue
I couldn't pay my taxes these last few years
And every time I go to court, they wipe away my tears
But oh, don't you know, feels so good to go broke.


I spend my money in Chicago, baby, St. Louie too
I spend my money all around, now I'm feeling blue
I spend my money down in Tucson and Memphis Tennessee
I spend my money all around and now they're after me
But oh, ow, don't you know, feels so good to go broke.


Well I owe so much money they don't know where I am
And even if they'd let me go, they'd make me pay the man
First they took my house and now they want my car
Gonna take everything I own
That's how they are
But oh, don't you know, feels so good to go broke.


I spend my money in Chicago, baby, St. Louie too
I spend my money all around, now I'm feeling blue
I spend my money down in Tucson and Memphis Tennessee
I spend my money all around and now they're after me
But oh, don't you know, feels so good to go broke
But oh....