Category Archives: Deserts and Baking

Chocolate Billionaires

1 package (14 ouces) caramels
3 tablespoons water
1 1/2 cups chopped pecans
1 cup crisp rice cereal
3 cups milk chocolate chips
1 1/2 teaspoon shortening

Line two baking sheets with waxed paper.  Grease paper and set aside.  In a large heavy sauvepan, combine the caramels and water, cook and stir over low heat until smooth.  Stir in pecans and cereal until coated.  Drop by teaspoonfuls onto prepared pans.  Regrigerate for 10 minutes or until firm.
Meanwhile, melt chocolate chips and shortening, stir until smooth.  Dip candy into chocolate, coating all sides, place on prepared pans.  Refrigerate until set.  Store in an airtight container.