1: A fake Barack Obama, such as a stand in for public events.
2: Any black, male president on television, movies, ... etc.
Girl #1: Do you think Obama will really be at the inauguration?
Girl #2: No way! It'll probably be a Faux-Bama.
Guy #1: Hey, did you know they're coming out with a Vantage Point II?
Guy #2: Yeah, and the "President" in this one is a total Faux-Bama.