First off, try using <code> tags for your code.
Second, when dealing with XML, it's highly recommended to use an XML parser of some sort. My favourite is XML::Twig, but others exist. There probably is even a wrapper around the XML parsers that help parse RSS feeds. Once you've retrieved the data into your $scalar, you can put it into these parsers and be able to get the data you want much more easily.
#!/usr/bin/perl -w
use LWP::Simple;
use XML::Twig;
my $twig = XML::Twig->new();
$twig->parse(get 'http://www.frequencyyouth.blogspot.com/atom.xml');
my @entries = $twig->get_xpath('entry');
foreach my $entry (@entries)
{
my @title = $entry->get_xpath('title');
print "Found ", $_->text(), "\n" for @title;
my @content = $entry->get_xpath('content');
print " -> ", $_->text(), "\n" for @content;
}
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