The name of this song is called, quite literally, "The Story of a Poor, Blue Rabbit" by Vocaloid. This is probably the hardest i've ever worked on a flipnote, spanning around 2 months of work. I encourage you to make a spin-off! To me, I prefer spin-offs over stars, but don't just steal it, okay?
"The Story of a Poor, Blue Rabbit"- Vocaloid
Drawings & animation- Hakka

Translation:
I won't let you have anyone else.
Master, I love you.
Hehehe~
I'm a cute, blue rabbit.
Here is my territory.
If someone ever takes you away from me,
I'd rather eat you. (the word "eat" is shown)
Master, we'll be together forever. (the sentence is shown)
Hehehe~

This is NOT the full song. If I continued it, I would be reported.
◕ ◡◡ ◕ Full song here:
http://www.youtube.com/watch?v=wozCmwq0LZA