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"Foobies" is a contraction of "fake boobies".

The 'F' from 'fake' is taken and replaces the 'B' of 'boobies', resulting in: 'Foobies'.
Damn, check out the set of foobies on that doll.
Foobies by BDKGIGN August 4, 2005
Related Words

fooliest 

Ex.1:
miranda: u r a fool
brittany: u r a more of a fool
conor: miranda, u b the fooliest

Ex. 2:
Hey bob!
im not talking to u fred, u r a fool
FINE bob, but chu will always b the fooliest!!
haga dis!

no foolies 

Said after something meaning it's the 100% truth. This cannot be used sarcastically, or any other -ly, except truthfully. You don't fuck with this shit.

It's origins come from South Park season 4 episode 16 'The Wacky Molestation Adventure.'
Person A: Holy shit, I just won $1,000,000 on this scratch ticket.
Person B: Bullshit.
Person A: No foolies.
Person B: Holy shit, buy me a car.
Person A: No.
no foolies by MikeTheMikeMike October 5, 2009
Foolies is a word you use to excuse what you have previously said as a joke even if you weren't kidding.
A: "That chick over there is completely hawt, I'm gonna get her drunk and bang her."

B: "Dude, that's my sister!"

A: "Whoops, Foolies!"
foolies by Teachernine April 1, 2008
(noun; plural)

1. "Fake" or artificially enlarged breasts.

2. The opposite of "troobies," or real breasts.
Check out the ridiculous foobies on that stripper!

Take a peek at the foobies that old man bought his trophy wife.
foobies by Luke Hibbs October 8, 2008
A driven group of individuals that are so ambitious that one may think of them as a fool.

A "Foolie" is one who has outlandish dreams, one who is willing to take unusual risks and one who goes the extra mile for that which may seem to be unattainable.
Alexander the Great was a foolie for chasing his outrageous goals.

Those young men are foolies for trying to become famous.
Foolies by IllyKay352 November 2, 2012