Caramel Morsel Bars (Awesome)

1 14oz bag caramels
3 tbs water
1 6oz pkg. chocolate chips
1 6oz pkg. butterscotch chips
5 cups rice krispies
1 cup peanuts

Put caramels and water in a saucepan on low heat until melted.
Mix cereal and nuts and pour into a 9 x13 greased pan
Pour caramels overtop
Sprinkle with chocolate and butterscotch chips
Bake at 200 F for 5 to 10 minutes until chips are melted.

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