Ashlee Simpson is reportedly pregnant and engaged. Ashlee showed up to a signing of her new CD in New York (above) and was sporting an engagement ring. She might also be sporting a fetus if Pete Wentz's film-making skills are to be trusted. The Sun reports:

Pete recently posted a blog online announcing the couples' plans to make something that cannot be illegally downloaded, hinting at a baby.
In the bizarre video message, Ashlee and Pete, who have dated since last summer, also reveal that the "release date" is July 2008, before Ashlee poses with a cushion stuffed under her top.

I added Pete and Ashlee's video after the jump. Hopefully this is some sort of sick joke because I don't want to write about the world's most retarded baby being born in July. Seriously, that kid will have the IQ of peanut butter. In the meantime, if you watch the video and don't want to spay and neuter these two with a lawnmower, congratulations! You have no soul.

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