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 = 100;

    var $tickercontainer = $strip.parent().wrap("<div class='tickercontainer'></div>");

    var containerWidth = $strip.parent().parent().width();

    $strip.find("li").each(function(i)
    {
      stripWidth += jQuery(this, i).width();
    });

    $strip.width(stripWidth);

    var totalTravel = stripWidth + containerWidth;

    var defTiming = totalTravel / settings.travelocity; // thanks to Scott Waye		

    function scrollnews(spazio, tempo)
    {
      $strip.animate({ left: '-=' + spazio }, tempo, "linear", function() { $strip.css("left", containerWidth); scrollnews(totalTravel, defTiming); });
    }

    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);
		});
  });
};