osc --no-keyring ls

Your user account / password are not configured yet.
You will be asked for them below, and they will be stored in
/home/gerberb/.oscrc for future use.

Creating osc configuration file /home/gerberb/.oscrc ...
Username: gerberb
Password:
Traceback (most recent call last):
  File "/usr/lib/python2.6/site-packages/osc/babysitter.py", line 46, in run
    return prg.main()
  File "/usr/lib/python2.6/site-packages/osc/cmdln.py", line 300, in main
    self.postoptparse()
  File "/usr/lib/python2.6/site-packages/osc/commandline.py", line 124, in postoptparse
    conf.write_initial_config(e.file, config)
  File "/usr/lib/python2.6/site-packages/osc/conf.py", line 404, in write_initial_config
    keyring.set_password(host, config['user'], config['pass'])
  File "/usr/lib64/python2.6/site-packages/keyring/core.py", line 33, in set_password
    return _keyring_backend.set_password(service_name, username, password)
  File "/usr/lib64/python2.6/site-packages/keyring/backend.py", line 97, in set_password
    return self.keyring_impl.password_set(service, username, password)
OSError: Can's access the keyring now
> /usr/lib64/python2.6/site-packages/keyring/backend.py(97)set_password()
-> return self.keyring_impl.password_set(service, username, password)
(Pdb)