It's not THAT bad...
First of all, those chords are standard pop chords. Eveer watched the Axis of Awesome? They filled a whole show with them playing a mix with songs using this chords progression. It's unoriginal, but it's not Newgrounds crap, as you call it.
The song itself isn't bad, the synths are nice, but it's all the same, which makes it really boring. I know that you didn't put a lot of effort in this, but I suggest you do next time.