-out/%.html: %.m4 header.html footer.html ; m4 -D__latest=$(LATEST) $< > $@
-out/notes.atom: feed_atom.m4 ; m4 -D__latest=$(LATEST) $< > $@
-out/notes.rss: feed_rss.m4 ; m4 -D__latest=$(LATEST) $< > $@
+out/%.html: %.m4 header.html footer.html
+ @mkdir -p $(@D)
+ m4 $< > $@
+out/notes.atom: meta_feed_atom.m4 ; m4 $< > $@
+out/notes.rss: meta_feed_rss.m4 ; m4 $< > $@