Who said Internet Explorer is cool?

Today I tried to do a simple thing like building a web form with transparent input elements. Internet Explorer of course again made troubles and rendered all input elements transparent. Did I say all? I meant all but _ONE_. Combo Boxes are not being rendered correctly.

Please correct me if I'm wrong, but what's wrong with this code?

<form>
<input type="text" value="foo" style="color: white; background-color: transparent;"/>
<input type="button" value="bar" style="color: white; background-color: transparent;"/>
<select style="color: white; background-color: transparent;">
<option value="0">foobar rabfoo</option>
</select>
</form>

And here's how it looks like, for Firefox users everything should be transparent (if not, it's your fault).

foobar rabfoo

Life could be so easy if someone finally would make this damn stupid browser go away. _FOREVER_.