In a hot, large soup pot, cook beef, onion, and bell pepper, stirring constantly until veggies are soft and meat is browned.
Add all remaining ingredients. Mix well, then simmer on medium-low heat, stirring often, for about 45 minutes or until chili has reduced in volume by about 10-20%.
Serve hot with sour cream, cheese, avocado, tortilla chips, or with cornbread or a baked potato.
Notes
Note: This chili actually tastes better the second day!