Tineye did not locate a copy of the Masculine version, but did find about 350 of the fem Michelle with the earliest in 2009. I am going to say bogus, we have bigger things to worry about at this point. (This includes the picture of Michelle with the protruding sanitary pad.)
Here is one from later
www.cwanswers.com
8921/obama - First found on Nov 8, 2009
Filename: 7e3da11c1f80e50cca27d300c85d60bc.jpeg
Muzzies do Christmas trees? Who knew?