I have to say, the worst allegation I've heard about Chris Dodd is not that he's in the pocket of banks and insurers--financial companies naturally seek to curry favor with the Senate Banking Committee, but I don't really see the case that he's sold us out for his benefit.
No, the more damning case is that the Senate Banking Committee was basically non-functional in the early part of the crisis, because Dodd was running for president.

Even if early action could have saved us money and pain later--and that's a big if--I recently heard a plausible case made that such action was made impossible by his presidential campaign.
But somehow, no one finds that offensive, or even notable.

we continued sending our congressmen back at about a 90 percent retention rate.

W
We have, sadly, been corrupted, by our own doing.

Yes, the American people have allowed it to happen. And while I'm for term limits, I can also see that electing novices and inexperienced people can also spell disaster. The depth of leadership experience and integrity is very thin in the arena of politics so we don't have much to choose from.

We have to be careful about WHAT term limits. As jatfla says it can turn the other way. As soon as some good people get in there we can't then turn around and want to change it again. Important being true to our word ~ or we are no better.