I had a coworker with an anxiety disorder who was prescribed 0.05mg of Lorazepam which is actually listed with the pharmacy as an anti-anxiety drug. Might fit the bill as it is quite effective at reducing fear with no other side effects as compared to Valium or Alcohol. You of course would need a prescription.

Brian, I don't agree.
Lorazepam (Ativan) is a benzodiazepene.
Yes, a low dose of Ativan may calm you down for a period of time. It is apt to take 20-30 minutes or more to start working, and in the treatment of anxiety it is not as safe/effective as the breathing technique. There most certainly are risks and side effects with any benzo. I believe that the lowest dosage in which it is available is .5mg, not .05.
IMHO... not worth it.

Yes it's .5mg ... sorry bout the type-o. Side effects of short term use are debatable. We could debate side effects all day. Technically everything in life has side effects. Long term use of ibuprofen has serious side effects (blood thinning) for example. Here's more than you ever wanted to know about Lorazepam if you're really interested. You'll notice the short term side effects are on par with most over the counter drugs. I'm not condoning this. Simply stating it as an example that is probably better than valium or alcohol. It's a prescription drug for a reason. Primarily because you can become dependant on it and long term side effects are more serious, abd to a lesser extent because of the possibility of bad interaction with alcohol and other drugs. Therefore, of course you absolutely must get a competant licensed physician to prescribe it.