jQuery.fn.liScroll = function(settings) {
	settings = jQuery.extend({travelocity: 0.07}, settings);		
	return this.each(function() {
		
		var $strip = jQuery(this);
		
		$strip.addClass("newsticker")
		
		var stripWidth = 0;
		var $mask = $strip.wrap("<div class='mask'></div>");
		var $tickercontainer = $strip.parent().wrap("<div class='tickercontainer'></div>");								
		var containerWidth = $strip.parent().parent().width();	//a.k.a. 'mask' width 	
		
		$strip.find("li").each(function(i) {
			var li = jQuery(this, i);
			var liWidth = li.width() + strippx(li.css('margin-left')) + strippx(li.css('margin-right')) + 
				strippx(li.css('padding-left')) + strippx(li.css('padding-right'));
			stripWidth += liWidth;
		});
		stripWidth += 100;
		
		$strip.width(stripWidth);			
		
		var defTiming = stripWidth/settings.travelocity;
		var totalTravel = stripWidth+containerWidth;
		
		scrollnews(totalTravel, defTiming);				
		
		$strip.hover(function() {
			jQuery(this).stop();
		}, function() {
			var offset = jQuery(this).offset();
			var residualSpace = offset.left + stripWidth;
			var residualTime = residualSpace/settings.travelocity;
			scrollnews(residualSpace, residualTime);
		});									
		
		function scrollnews(spazio, tempo) {
			$strip.animate({left: '-='+ spazio}, tempo, "linear", function() {
				$strip.css("left", containerWidth);
				scrollnews(totalTravel, defTiming);
			});
		}
		
		function strippx(string) {
			return string.replace('px', '')*1;
		}
		
	});	
};