Newspeak is alive and well. Big-government fanboys of all political stripes have taken to using the word "preprivatization" instead of "nationalization," when referring to banks and other financial enterprises. The "N" word, you see, has implications they'd rather not bring up. They'd rather construct the charade that passing through government hands is just a brief administrative step on the way to private ownership....obscuring the inconvenient fact that they have to deprivatize the banks as the first step.

By a similar logic, we can refer to the demolition of an old house as "preconstruction," and when I take my old car to the wreckers I'll be taking it for "premanufacturing." Don't be surprised if the withholding tax is shortly renamed "prerefunding" your money.