Text inside slideshow not lining up correctly. See fiddle

Is there any possible way to get the text to not jump up and down? I can't use position: absolute. because it messes up the rest of my website. Please look at this fiddle: http://ift.tt/1cjSRFy

Here is the html:

<div id="rotating-item-wrapper">
<div class="rotating-item intro">Text 1</div>
<div class="rotating-item intro">Text 2</div>
<div class="rotating-item intro">Text 3</div>

<p class="slidermwtext"> Lorem ipsum dolor sit amet, 
consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore
et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud
exercitation ullamco laboris nisi ut. </p>

See fiddle for javascript and css.

Thanks!