MK and her lovah, artist Nate Lowman, took their bikes for a ride around the East Village this weekend.

Mary-Kate’s bike has a basket. I wonder what’s inside. Probably Ashley.

Apparently, this recession is impacting everyone except the very, very, very, disgustingly rich. You know, the people who buy the clothes in Mary-Kate and Ashley’s fashion line, Elizabeth and James. The line is priced slightly below their other line, The Row — which features lambskin pants for $1700 — but it’s still not cheap, with prices ranging from $95 for a one-shoulder cotton tank to $775 for a leather jacket. Flirty dresses and fashion-forward slacks fall within the $225 to $475 range, while a fur coat runs a wee bit more. (A wee bit more? You mean like the life of an animal? Yes.)

“We try to keep everything under $1,000,” said a rep for the brand.

Well. THANK YOU. That’s refreshing. I’ve been SO TIRED for paying $1100 for a pair of pants. I can barely afford the $57 I’ve been paying for a stick of gum or the $275 for a box of tampons. Clothes for under $1000 is a nice change of pace.

On the success of Elizabeth and James, the Olsens are branching out into footwear with the help of Steve Madden and will launch a menswear collection in the fall.

Very cute interview is here.

What do we think of the photo?

Check out what the PETA peeps have done to Mary-Kate and Ashley Olsen’s star on the Hollywood Walk of Fame.

Personally, if I were going to vandalize this star, I would just write “WHY????” on it.

Also, I’ve mentioned it before on my Twitter, but it bears repeating: Mary-Kate and Ashley’s fashion line, The Row, sells a pair of lambskin motorcycle pants for $1700. YES WITH TWO ZEROS. Jesus Christ, for that kind of money, they should be made of Angelina Jolie’s skin.

Mary-Kate Olsen needs to get a clue for Christmas.  She is, like, zOMG, so totally in tune with the state of the economy, dudes.  A Page Six spy shared an elevator with MKO at Barney’s,  in which she said, “It’s really sad - the recession is everywhere. But at least they are having good sales.”  Then she pointed to her hat and said ”That’s where I got this! The recession!”  

Fuck.  Please don’t tell me she thinks “The Recession” is some sort of new franchise haberdashery that is flooding the market.

Mary-Kate Olsen manages to churn out a half-assed smile at the NYC premiere of The Curious Case of Benjamin Button.

I guess it’s a nice improvement from looking angry, but the Olsens are so cute when they genuinely smile. I mean, really adorable. I wish they’d do more of that and less of the smile-smirks we’re seeing here.

First of all, this is a pregnancy post where you will see no use of the terms “preggers”, “baby bump” or “sperminated.”  You’re welcome. 

This is one aspect that really bothers me about celebrity gossip.  The National Enquirer is reporting that Mary-Kate Olsen is pregnant because her weight broke 100 lbs.  Maybe she’s just getting healthier.  That’s still a dangerously low BMI.  I’m starting to think that it’s impossible for a celeb with an eating disorder to ever really recover.  Because if eating a bagel leads to pregnancy rumors how do you ever get to a place of self-acceptance?  I’m sure “rounder” is the last adjective MKO wants applied to her in the media.

If she is pregnant, congrats!  But it’s The Enquirer so I remain dubious. 

Above, a picture of MK taken on November 20th.  I think she looks very thin and as if maybe she’s on the road to better health.