Secretary of State Hillary Clinton has announced that the US has agreed to recognized the Libyan rebel group Transitional National Council as the legitimate government of Libya. This will free up $30 billion in frozen assets for the rebels who have been struggling to fund their conflict with Gadhafi who has ruled the country for 42 years. France and Italy did the same earlier in the conflict. While this is a good step forward for the rebels, the conflict is far from over and far from certain. Gadhafi continues to have a strong hold on the capitol of Tripoli.