<?php
require_once('magpierss/rss_fetch.inc');
$rss = fetch_rss('http://www.newsforge.com/index.rss');
	
echo "<a href=".$rss->channel['link']."><B>".$rss->channel[  'title']."</B></a>";
foreach ($rss->items as $item) {
	$href = $item['link'];
	$title = $item['title'];	
	$desc = $item['description'];	
	echo "<P><a href=$href>$title</a><BR>";
	if($desc)
		echo $desc;
}
?>

http://programming.linux.com/article.pl?sid=05/05/24/1337210

for full html content: $content = $item['content']['encoded'];

magpierss RSS feed display example

PHP