For use with Keyboard Maestro v6.0. For details see: http://www.gordonmeyer.com/2013/06/an-update-to-make-link-with-title-from-clipboard.html

Link with Title from Safari.kmmacros

<?xml version="1.0" encoding="UTF-8"?>
<!DOCTYPE plist PUBLIC "-//Apple//DTD PLIST 1.0//EN" "http://www.apple.com/DTDs/PropertyList-1.0.dtd">
<plist version="1.0">
<array>
	<dict>
		<key>Activate</key>
		<string>Normal</string>
		<key>IsActive</key>
		<true/>
		<key>Macros</key>
		<array>
			<dict>
				<key>Actions</key>
				<array>
					<dict>
						<key>IsActive</key>
						<true/>
						<key>IsDisclosed</key>
						<true/>
						<key>MacroActionType</key>
						<string>SetVariableToText</string>
						<key>Text</key>
						<string>%SafariURL%</string>
						<key>Variable</key>
						<string>theURL</string>
					</dict>
					<dict>
						<key>IsActive</key>
						<true/>
						<key>IsDisclosed</key>
						<true/>
						<key>MacroActionType</key>
						<string>SetVariableToText</string>
						<key>Text</key>
						<string>%SafariTitle%</string>
						<key>Variable</key>
						<string>theTitle</string>
					</dict>
					<dict>
						<key>Action</key>
						<string>TitleCase</string>
						<key>IsActive</key>
						<true/>
						<key>IsDisclosed</key>
						<true/>
						<key>MacroActionType</key>
						<string>FilterVariable</string>
						<key>Variable</key>
						<string>theTitle</string>
					</dict>
					<dict>
						<key>IsActive</key>
						<true/>
						<key>IsDisclosed</key>
						<true/>
						<key>JustDisplay</key>
						<false/>
						<key>MacroActionType</key>
						<string>SetClipboardToText</string>
						<key>TargetNamedClipboardRedundantDisplayName</key>
						<string>Default Clipboard</string>
						<key>TargetNamedClipboardUID</key>
						<string>9C564286-2F69-423B-8ED6-49452217B611</string>
						<key>TargetUseNamedClipboard</key>
						<false/>
						<key>Text</key>
						<string>&lt;a href="%Variable%theURL%"&gt;%Variable%theTitle%&lt;/a&gt;</string>
					</dict>
					<dict>
						<key>IsActive</key>
						<true/>
						<key>IsDisclosed</key>
						<true/>
						<key>MacroActionType</key>
						<string>Notification</string>
						<key>SoundName</key>
						<string></string>
						<key>Subtitle</key>
						<string>Finished</string>
						<key>Text</key>
						<string>href on clipboard</string>
						<key>Title</key>
						<string>Keyboard Maestro</string>
					</dict>
				</array>
				<key>IsActive</key>
				<true/>
				<key>ModificationDate</key>
				<real>393195762.36642098</real>
				<key>Name</key>
				<string>Link with Title from Safari</string>
				<key>Triggers</key>
				<array>
					<dict>
						<key>MacroTriggerType</key>
						<string>StatusMenu</string>
					</dict>
				</array>
				<key>UID</key>
				<string>76342584-C39B-4EE0-A82B-AA21013A7045</string>
			</dict>
		</array>
		<key>Name</key>
		<string>Clipboards</string>
		<key>UID</key>
		<string>CB06FABE-1476-4E0D-807E-3D606B2942DB</string>
	</dict>
</array>
</plist>