Torque vs hp?

I know that eighty million threads get posted asking what the difference between torque and horsepower is. Would a simple way to put it be that Torque is more of first response and HP is pulling power all the way through? So with this in mind torque would be what squishes you into your seat off the line and HP is what keeps pulling the engine all the way up to the redline. Am I there, almost there or jsut talking out of my ass once again?

I vote for "out your ass again."

perhaps this will help you sort it out:
http://www.howstuffworks.com/fpte.htm

Torque = work = force*distance
Power = work / time unit

Imagine that you and a friend are going to move water in buckets. You are using one bucket and your friend two, all buckets are of the same size. Since your friend is using two buckets he will do twice the work that you do.

But carring two buckets are heavy so you can walk twice as fast compared with your friend. This means that both you and your friend will move the same amount of water per time unit, in other words, you will have the same power.