Well, I got it:

@{
XmlTextReader dibertFeed = new XmlTextReader("http://feed.dilbert.com/dilbert/daily_strip");
XmlDocument doc = new XmlDocument();
doc.Load(dibertFeed);
XmlNodeList rssItems = doc.SelectNodes("//item");
}

@{
  List<dynamic> strips = new List<dynamic>();
  foreach (XmlNode node in rssItems)
  {
      var i = new
      {
          Title = Html.Raw(node["description"].InnerText),
          Url = node["link"].InnerText
      };
      strips.Add(i);
  }
  foreach(var item in strips.Take(1))
  {
      <div class="dilbert"><a href="@item.Url" target="_blank">@item.Title</a></div>
  }
}

Thanks to Douglas Ludlow and Warren Buckley