Ashlee Simpson partied with Pete Wentz over the weekend; the pair were spotted hand-in-hand at night club Parc … and well … HOLY LORD TIGHT PANTS!

Ugh I can’t stand to look at Mr. Crotch — ooh I mean. Okay I can’t STOP looking at IT.

I hope these two last a while because .. I’m calling it! You ready? Their couple nickname is

…

Ass & Pepe.

And holy lord again! This boy is soo pretty! NOT. What are these, glamour shots MySpace style?

(And yes, that’s a Fendi B. bag Ashlee’s carrying. TALK about what doesn’t belong here!)

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