LIQUID COURAGE. If you’re not acquainted with the term, or more improbably never experienced it, it is the lowering of inhibitions from the consumption of alcohol that allows one to approach strangers you find attractive or confront others whom you think have threatened or insulted you. At the time, your actions seem reasonable, even suave in the former instance or justified in the latter. Only later, when the euphoric effects of the source of the liquid courage have worn off, does the stupidity of your bravado become evident to you (although it was apparent to everyone else.) Besides the hangover, the after-effects of the ill-advised encounters will be all too obvious. Brawls leave cuts and bruises while boozy assignations result in worse regrets. As the country song of some years back (well before political correctness) sums them up, “I’ve never gone to bed with an ugly woman, but I’ve sure woke up with a few.”
Jacob Gaffney is formerly Editor-in-Chief of HousingWire and HousingWire.com. He previously covered securitization for Reuters and Source Media in London before returning to the United States in 2009. While in Europe for nearly a decade, he covered bank loans and the high yield market, in addition to commercial paper, student loan, auto and credit card space(s).see full bio
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Jacob Gaffney is formerly Editor-in-Chief of HousingWire and HousingWire.com. He previously covered securitization for Reuters and Source Media in London before returning to the United States in 2009. While in Europe for nearly a decade, he covered bank loans and the high yield market, in addition to commercial paper, student loan, auto and credit card space(s).see full bio