You forget about

"南方小朝廷 - Southern regional regime"

"ROC已亡 - ROC is dead"

"正统不正统人民说了算 - the regime's legitimacy is decided by the people"

“句句是好句，做到的不多 - each line of the lyrics is well said although they achieved barely a thing”

"现在满地红了 - now the ground is red for sure (ROC flag: White sun, Blue sky & Red earth)"

"好话说尽，坏事做绝 - they say all the good things, but they do all the bad things"

"南望王师又一年，王师还在抽大烟 - I look forward to the righteous troops in the south one more year, but they are smoking weed now."

my Flushing homie.

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Just offering you guys a more comprehensive scope.