Is ptcb.org Safe?

PTCB's new Privacy Policy (effective 2013-02-04) continued the organization's poor security practices by explicitly stating that they "store passwords to facilitate your user experience." PTCB has a history of misusing these stored passwords in emails. This implies users passwords are stored in plain text, without encryption, leaving all PTCB accounts susceptible to attacks via hacking, flaw exploitation, backup theft, or email interception. Assume your account with PTCB is not secure, and do not use the password for your PTCB account for anything else.