SO fiddle

Test Fiddle mainly for SO Questions

by Nick Craver

HTML

<link rel="stylesheet" href="http://ajax.googleapis.com/ajax/libs/jqueryui/1.8.4/themes/overcast/jquery-ui.css">
<ul id="litemsd">
 <li class="litemd">
  <input type="checkbox" id="d1" name="d1" />
  <label for="d1">Number One</label>
 </li>
 <li class="litemd">
  <input type="checkbox" id="d2" name="d2" checked />
  <label for="d2">Numer Two</label>
 </li>
 <li class="litemd">
  <input type="checkbox" id="d3" name="d3" />
  <label for="d3">Numer Three</label>
 </li>
</ul>

JavaScript

$$('li.litemd input').each(function(s) {
  if(s.checked) alert(s.next().innerHTML)
});