A phrase often used to establish the fact that the speaker is excited, sexually or not.
Jo: Y'think I'm getting a little fat?
Derrick: Joanna, you make me happy in my pants.
Jo: ...But you do think I'm fat?
by PolDak July 12, 2006
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The mysterious and largely mythical pair of pants that seems to always have your cash and personal affects.
Guy 1: Hey you got this bill?
Guy 2: Oh dang it, I left all my cash in my other pants!

Guy 1: Hey can I borrow your cell to call my mom?
Guy 2: Crap! I left my phone in my other pants!
by pseudonym man5 July 24, 2010
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Basically a boner, minus the hard on. Pretty much just being really fucking excited about something. Kind of like the excitment of a sudden boner.
"Dude, holy shit. I just totally toasted my pants!"
"I swear to god, after I saw her I just toasted my pants."
by SydVicious513 January 6, 2010
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This is what you say when someone near you is on the phone so whoever they happen to be talking to thinks they were about to get some but then were rejected.
Victim: "Oh, yeah so the other night I was talking to-"
Random person: "No, I don't want to take my pants off!"
Person on the phone: "Who was that..?"
Victim: "Um...."
by ReneeHasAPandaHat November 9, 2010
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When something happens and it makes such little sense that a little kid running up to you and pulling your pants down seems more logical.
Jeff - "Hey Tom, did you hear that billy is going out with your ex?"
Tom - "You gotta be pulling my pants down kid!"
by Ican'tbeleiveitsnotOXYCLEAN November 7, 2009
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