Caramel Peanut Nests

Directions

1. 1
   Cover cookie sheet with waxed paper.
2. 2
   Put caramels and water in a large pan.
3. 3
   Heat over low heat, stirring constantly until melted and smooth.
4. 4
   Add peanut butter.
5. 5
   Stir until melted.
6. 6
   Remove from heat.
7. 7
   Add Cheerios.
8. 8
   Mix until well coated.
9. 9
   Drop by spoonfuls onto waxed paper.
10. 10
    Press peanut candy into center of each cookie. Let stand until firm, about 1/2 hour.
11. 11
    It's a fun treat for children!