(function($) {
    function MakeWatermark(element, options) {
        element.each(function() {
            var thisEl = jQuery(this);

            thisEl.focus(function(e) {
                if (this.value == options.watermarkText) {
                    this.value = '';
                }
            });

            thisEl.blur(function(e) {
                if (this.value == '') {
                    this.value = options.watermarkText;
                }
            });

            thisEl.blur();

        });

        return element;
    }

    $.fn.watermark = function(options) { return MakeWatermark(this, options); }

})(jQuery)