1 bag Kraft caramels
1 c. peanuts, chopped
5 c. Rice Krispies cereal
1 c. butterscotch chips
1 c. chocolate chips

Melt caramels with 3 tablespoons water. Add nuts and Rice Krispies cereal. Mix well and press into 9 x 13 x 2 inch pan. Scatter top with butterscotch and chocolate chips. Bake at 200 degrees for about 5 minutes until chips are spreadable. Spread the chips to cover. Cool and cut into squares.