$(document).ready(function()
{
	var first;
	var speed = 1000;
	var pause = 5000;

	function removeFirst()
	{
		first = $('#newsWrap ul li:first');
		var height = first.height();
		first.animate({marginTop: height - (height * 2)}, speed, "linear", finish);
	}

	function finish()
	{
		first.clone(true).appendTo('#newsWrap ul');
		first.remove();
		$('#newsWrap ul li:last').css('marginTop', 0);
	}

	interval = setInterval(removeFirst, pause);
});