People Chow

1/2 Stick butter
1/2 c Peanut butter
2 c Powdered sugar
6 oz Pk chocolate chips
6 c Crispix cereal Or Corn Chex
Mix butter, peanut butter and chips together in saucepan over med heat or melt in bowl in microwave. Pour over cereal in a lg bowl.
Stir to coat. Put powdered sugar in a brown grocery bag and pour cereal into bag; shake to coat. Cut open bag to lay flat and spread out coated cereal. Sprinkle with extra sugar if necessary.