Facebook Jokes http://www.facebookjokes.com

We advised you to shut the website down right now, to prevent yourself from being sued from FACEBOOK. If I were stupid enough to do this, after realizing what I did, I would shut it down and try my best to apologize to Facebook(while explaining my newbie mistake) via email and officially grant them full rights to the domain name and be on standby for transfer.

EDIT: I suggest you learn more about finding a niche. I use to think keywords like this were goldmines. Here is a tip, low competition does not always mean good with zero competition.

Have you actually read the replies in this thread?

Ranking your site highly will only hasten the speed that Facebook will pursue you for Trademark infringement.

I assume you are not going to take the advice of the posters above who likely know a little more than you?

You realize of course the first 3 spots for that keyword are FB pages, plus trying to rank that exact term with an exact match domain may also prove fruitless?

From the looks of your source code you have zero SEO on your site, yet you want to Big G to rank it number one? It's not going to happen buddy even for an easy term like that.

So your first job is to learn some basic on-page SEO techniques, you can get that from the Horse's mouth here:

Official Google Webmaster Central Blog: Google's SEO Starter Guide

and here's two things you should be concentrating on:

Good backlinks to your site.
Some relevant written content.

...and in the case of a site like yours a lot of Social network interaction, it won't help you rank the page directly but may generate you some links as your content gets shared.

Incidently, I trust you don't intend to try and make money with this keyword directly, which will be worth a lot less than 10 cents click on your Adsense.

A rough calculation says that's less than $5 month for that KW

All told that's a lot of effort for little return, or zero return when FB wants their TM back.

Good luck if you want to ignore our advice.