A simple placeholder simulator for IE.

placeholder.js

var _p = function(i, t){
    // i is the input item, t is the text to set default.
    i.onblur = function(){
            if( i.value === "" ){
                i.value = text);
            }
        };
    i.onfocus = function(){
            if( i.value === text ){
                i.value = "";
            }
        };
}