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stronger winds are. winds officially reported at the airport of 54 miles an hour as of last hour, so we're going to continue to see the heavy winds through the rest of the night tonight. now we took a bit of a tour. we got up early this morning, we heard about some damage just off to the south and east of new orleans, so we drove about 15 miles outside the city, actually about ten miles outside the city. take a look at what we saw. >> our tour took us just east of new orleans. the streets were littered with downed trees, making some roads completely impassable. downed wires also caus...

and he's no longer in the race, but the comedian stephen colbert is trying to drum up votes anyway, sort of. you've got to see this. i'm wolf blitzer in "the situation room." it's the final push in the south carolina. the candidates have tried to squeeze in every minute of campaigning into this, the last day before the primary. as mitt romney tries to hold onto a lead, newt gingrich is using what could have been a very damaging spotlight on his personal life. he's trying to turn it around to his advantage. let's go live to joe johns, he's in south carolina. he has the very latest. ...

>> good to be with you. how are you? >> i'm good. the markets have just closed, another terrific sell-off. a lot of phones worried, the dow off something like between 17%, 18%, and the last 10 or 12 trading sessions. what's going on? the world, as we knew it, is changing. i'm surprised at the shock of this. the u.s. economy has consistently run large trade deficits. the fundamental theory underlying the global economy was that the united states would always be the consumer of last resort, that deficits didn't matter, that in europe the bonds of spain or greece were as good as the bon...

>> i'm good. the markets have just closed, another terrific sell-off. a lot of phones worried, the dow off something like between 17%, 18%, and the last 10 or 12 trading sessions. what's going on? the world, as we knew it, is changing. i'm surprised at the shock of this. the u.s. economy has consistently run large trade deficits. the fundamental theory underlying the global economy was that the united states would always be the consumer of last resort, that deficits didn't matter, that in europe the bonds of spain or greece were as good as the bonds of germany. all those assumptions ...