This one is a X-mas favorite at the Wog home.
2 1/2 c peanut butter
1/2 c. butter or margarine
16oz (4 1/2 c) sifted powdered sugar
3 c rice cereal
12 oz package of chocolate chips OR 6 oz choc chips and 6 oz butterscotch chips OR almond bark
Melt peanut butter and butter in a sauce pan. In a large bowl combine powdered sugar and cereal. Pour peanut butter mixture over the cereal mixture. Blend together by hand. It will seem a bit crumbly but will hold together when you form it into balls. Don't worry. Form into 1/2 inch balls. Chill until firm.
Melt chocolate (or chocolate and butterscotch). Dip balls into chocolate. Place on waxed paper and chill. Enjoy!