Security Flaw in OS X displays all keychain passwords in plain text
medium.com
medium.com
Crippling tools to make it look like the passwords are hidden or further secured is just security theater.
I mean, it is pretty bad, when you think about it, compared to "freedom-hating" "user-hostile" sandboxed designs like iOS, but "all your data is available to all your programs unless you explicitly hobble a specific program" is pretty central to *nix.