A bearing damping system comprising: a pump configured to pump a fluid through the system; a variable position valve (78A,78B,78C) connected to the pump by a first conduit and having a plurality of open positions each configured to generate a different flow of the fluid downstream from the variable position valve; and a bearing assembly connected to the variable position valve (78A,78B,78C) by a second conduit and comprising: a bearing housing having an outer surface and an inner surface, the bearing housing configured to be attached to a stationary structure; a stationary bearing race having an outer surface and an inner surface and positioned within the bearing housing; a rotating bearing race having an outer surface and an inner surface spaced apart from the stationary bearing race and configured to be attached to a rotating component; a bearing element disposed between the inner surface of the stationary bearing race and the outer surface of the rotating bearing race; and a fluid compartment defined by the space between the inner surface of the bearing housing and the outer surface of the stationary race and configured to receive the fluid from the second conduit; and characterized by further comprising: a controller configured to monitor a parameter and actuate the variable position valve (78A,78B,78C) to maintain an optimum fluid pressure into the fluid compartment, wherein the parameter monitored by the controller is selected from the group consisting of: a stationary structure vibration rate, a component rotation rate, a fluid pressure in the first conduit, a fluid pressure in the second conduit, a fluid pressure in the fluid compartment, a fluid viscosity in the first conduit, a fluid viscosity in the second conduit, a fluid viscosity in the fluid compartment, a fluid temperature in the fluid compartment, a fluid temperature in the first conduit, a fluid temperature in the second conduit, and combinations thereof. a pump configured to pump a fluid through the system; a variable position valve (78A,78B,78C) connected to the pump by a first conduit and having a plurality of open positions each configured to generate a different flow of the fluid downstream from the variable position valve; and a bearing assembly connected to the variable position valve (78A,78B,78C) by a second conduit and comprising: a bearing housing having an outer surface and an inner surface, the bearing housing configured to be attached to a stationary structure; a stationary bearing race having an outer surface and an inner surface and positioned within the bearing housing; a rotating bearing race having an outer surface and an inner surface spaced apart from the stationary bearing race and configured to be attached to a rotating component; a bearing element disposed between the inner surface of the stationary bearing race and the outer surface of the rotating bearing race; and a fluid compartment defined by the space between the inner surface of the bearing housing and the outer surface of the stationary race and configured to receive the fluid from the second conduit; and a bearing housing having an outer surface and an inner surface, the bearing housing configured to be attached to a stationary structure; a stationary bearing race having an outer surface and an inner surface and positioned within the bearing housing; a rotating bearing race having an outer surface and an inner surface spaced apart from the stationary bearing race and configured to be attached to a rotating component; a bearing element disposed between the inner surface of the stationary bearing race and the outer surface of the rotating bearing race; and a fluid compartment defined by the space between the inner surface of the bearing housing and the outer surface of the stationary race and configured to receive the fluid from the second conduit; and