What is Milk Of Amnesia?
1.
Slang used by medical professionals for the drug Propofol which has a similar milky texture to Milk of Magnesia. Propofol is a short-acting sedative and hypnotic with no analgesic properties but is used in adjunct to anesthesia.
"That vent patient is getting twitchy. Give her some milk of amnesia."
See
2.
Noun: Alcohol. A drink which, if consumed in sufficient quantities makes you forget large episodes of your life. A popular phrase due to its assonance with the patent medicine 'Milk of Magnesia'.
"...and while dancing you unzipped her dress and pulled it to the floor. Then you pissed in the bride's champagne glass and
honk ed up all over the cake."
"Yes, I remember every bit of that. Just tell me how come I woke up this morning in the driver's seat of my car outside my house?"
"Put it down to the milk of amnesia."