That would make things waaaay more difficult for users. "Okay, I'm logged in, let me do something.... Now it says I don't have permission?? Did my account get deactivated??? What am I doing wrong????"
Hah, I did this ages ago in notebook application that I wrote for myself..
Though the amount of times I went a long time between logging in, got the wrong credentials and got scared very quickly when all of my notes had vanished :P