1 (14 oz.) pkg. vanilla caramels
1/4 c. milk
4 c. Rice Krispies cereal
1 c. salted peanuts
16 wooden sticks

In a heavy 3-quart saucepan, combine caramels and milk. Cook and stir over low heat until caramels are melted and smooth. Stir in the cereal and peanuts until well coated with caramel. Press the cereal mixture into a greased 8x8x2 inch baking pan. Let stand about 1 hour or until firm. Cut into 2-inch squares. Insert a wooden stick into one end of each square. Makes 16 pops.