Much has been written about McCain’s inability, or unwillingness, to even mention the name of President George W. Bush. Huffington Post’s Sam Stein has a nice score, which lays this problem bare. Stein got his hands on an early draft of a McCain campaign statement on the Wall Street crisis that was very critical of the Bush administration — or, at least, of some unnamed “Administration.” The draft was circulated Tuesday evening among advisers and some high-level donors. Here’s an excerpt:

I am also concerned that the Administration has been inconsistent with the way they have dealt with each crisis. Taxpayer money was used for Bear Stearns, it was not used for Lehman Brothers and now it is used again for AIG. The American people need to know the thinking and the standards behind using taxpayers money to support these private sector institutions. American workers see their businesses suffering and many are going out of business but there is no bailout for them. We also should know why the Administration did not deal with the problems at Fannie Mae and Freddie Mac sooner.

When the campaign released an official statement Wednesday morning, this passage was removed, as was some other strong criticism of senior management at Wall Street firms. In today’s speech in Cedar Rapids, Iowa, McCain again made no reference to Bush, and only a passing reference to the “administration” when he says he warned Washington two years ago about the impending doom at Fannie Mae and Freddie Mac.