Is Rangel toast?

House Ways and Means Committee Chairman Charles Rangel leaves after making his statement on Capitol Hill

WASHINGTON – House investigators accused veteran New York Rep. Charles Rangel of 13 violations of congressional ethics standards on Thursday, throwing a cloud over his four-decade political career and raising worries for fellow Democrats about the fall elections.

The allegations — which include failure to report rental income from vacation property in the Dominican Republic and more than $600,000 in other income on his congressional financial disclosure statements — came as lawyers for Rangel and the House ethics committee worked on a plea deal.

One was struck, people familiar with the talks said, but Republicans indicated it was too late. AP, Full Story.

What would you advise Charles Rangel to do at this point?