1. Similar to beer goggles, except only experienced by male cadets at United States Air Force Academy. Has the effect of improving the sexual appeal of any women to a greater extent than any alcohol could ever hope to achieve. Squids and Rats may also experience a similar effect.
2. Makes things look better then they actually are.
When the effects of the alcohol wore off, and all the girls at the bar still looked the same, Cadet X realized he might be wearing Falcon Goggles.
Upon engaging in some provacative behavior with Albabe, Moltisanti decided to slide on a nice set of Costa Rican Goggles, smiling enthusiastically with his eyes cover by some fabulousNew York Booooooobs.
Ejaculating on your partner's eye, right after having punched out the other eye. This will give the desired effect of one black and one white eye. Just like a panda!
Girl: "OW! What the hell are you doing?!"
*ejaculates on the other eye*
Guy: "PANDA GOGGLES!"