CAKE: Preheat oven to 300. Grease 10" tube pan with crisco and then sprinkle with sugar or flour to coat or spray with Baker's Joy. I actually like using Wilton Cake Release. Sift flour & baking powder together and set aside.
Cream crisco, butter and sugar. Add eggs, one at a time, mixing well after each addition. Add cocoa, vanilla, salt & food coloring. Mix well.
Now to that add alternately the flour mixture and milk, beginning and ending with the flour mixture and combine well.
Pour into prepared tube pan and bake at 300 for approximately 90 minutes. Cool completely before icing cake.
ICING: With mixer, cream together the butter and cream cheese. Slowly add the powdered sugar then the vanilla. Cream until smooth. Ice cooled cake. Just double the recipe if you like more icing.