I've read some articles and questions on SO (e.g. here) that say you shouldn't store a user's password in a cookie. If the password is salted and hashed, why is this insecure?
In particular, why is it less secure than using sessions, the alternative usually suggested? If the user wants to stay logged in then surely this new cookie (with a session ID/hash) is exactly as secure as the one with the user's password? If the cookie is "stolen" on some way the attacker can log in as the user in the same way.
EDIT: The main crux of the question is the part about the user staying logged in, i.e. via a "Remember Me?" checkbox. In this case, surely there is only ever one session?