The fuck a friend with L day is on a Tuesday or Thursday in May, where you fuck a friend with L. If your name starts with L fuck someone on a Tuesday or Thursday in May.
12 step recovery jargon referring to someone new who talks about how great life is, now that they'resober. Usually meaning that the person is out of touch with reality.
The new guy seems pretty happy for a dude who has no job, no money and no family. He must be on a pink cloud.