This is a recipe I make every Christmas. Not because they are Christmasy, just because that's the only time I ever bake <g> It's from the Land O Lakes Cookie book.
In large bowl, combine cereal, peanuts and candies; set aside. In 2 quart saucepan, melt butter (2-4 minutes). Stir in all remaining ingredients. Cook over medium heat, stirring occasionally, until mixture comes to a full boil (2-4 minutes). Boil 1 minute. Pour caramel mixture over cereal mixture; toss to coat well. Press on bottom of greased 13x9 pan. Cool completely; cut into bars.