Shmoe's Muddy Buddies

9 c. Chex cereal
1 c. chocolate chips
½ c. peanut butter
¼ c. butter
1 t. vanilla
1 ½ c. powdered sugar

Microwave chocolate chips, peanut butter and butter.
Mix well and add vanilla.
Pour over cereal and mix.
Put powdered sugar in bag.
Add cereal until well coated.