Anticipatory privileges

["John D. Burger" <john@xxxxxxxxx>]

If I am reading the (7.4) docs correctly, privileges can be granted  
only with respect to tables that exist at the time the GRANT command  
is given - there is no

  GRANT ALL ON * TO PUBLIC

or some such that would result in subsequently created tables having  
public privileges.

Is this so?

Thanks.

- John D. Burger
  MITRE