Earlier quoted context omitted.
It could be like leaving your bank account password in the open. Your bank account password could be sniffed probably very easily by someone who is connected to your network. Now imagine somebody exposes some way to get the password of your home network from the google servers.
With all these NSA revelations and Richard Stallman being right all along. there is no such thing as being secure or encrypted unless you have encrypted it yourself.
I don't see how trusted networking can be possible in stallmanic world.