There are two possible answers (and perhaps a third, although less likely one):
(1) Obama WAS born in Hawaii and COULD produce the actual certificate any time he wants. Yet, he chooses not to because it suits his purposes. If this controversy did reach a fever pitch and some “mainstream”, famous people took up the cause — (say, Rush for example) — then he could spring the “proof” and brand all his opponents as fringe, goof ball whackos who have no credibility. Meanwhile, the more people who chase down the rabbit trail leading to nowhere, the better for Obama.
(2) OR, he was born in Kenya, they got his birth registered in Hawaii some days later because they wanted him to be a U.S. Citizen, and revealing the real certificate would reveal the scam.
(3) OR, he was born in Hawaii but there is some other reason not to show the actual certificate — something about his father's ID, perhaps. This one seems far fetched to me.
Explanation Number One seems to fit pretty well and is AT LEAST as likely as the second one. Revealing the true certificate later, rather than sooner, could do Obama’s enemies much more damage.
Here is another option, IF there where no Hawaii Birth Certificate for Bambi, but he wanted people to see it, why not just have some document experts make up a fake one using real paperwork, not just Photoshop tricks he is being accused of (I don’t buy Polarik’s arguments because he is only producing this off images of images, not original docs so it is all theory)..
This is a guy who probably has sympathizers in the CIA and every other gov agency who would jump at the chance to help.. people who professionally make fake documents for clandestine agents to trick other governments and intelligence agencies. It could have period paper, ink, stamps, etc. He could have some 80 year old doctor say he witnessed it.. hell, he could even have photos faked.. he has those powers and resources.
IF he wanted to produce one, even if it didn’t exist, he has the power to do it..
He wants this story to keep going.
Too late for that first scenario...to have a concerted effort and spending quite a bit of money to play these games to come out into the open would just prove what kind of sycophant he really is....