Puppy Chow
a la Carlie

9 c Chex or Crispix cereal
1 c chocolate chips
1/2 c peanut butter
1/4 c butter
1 t vanilla
1 1/2 c powdered sugar

Melt chocolate chips, peanut butter and butter in a saucepan over low heat. Add vanilla. Add to cereal and coat well. Pour into paper bag with sugar and toss around until well coated. Eat until you feel sick, but keep eating it anyway.

Note: this is my favorite treat ever. Or at least in the top 3.