Cut bacon into 1" squares and toss in large pan, cook thoroughly. Cut onions and peppers into strips 1/4" wide, add to bacon, add mushrooms, cook until onion is transparent. Add cubed steak, stir until steak is cooked, add beans, tomato paste, and seasoning. Simmer for 1/2 hour. Serve over rice, with shredded cheddar, and sour cream for garnish and doritos or corn tortillas for dipping.

Warning: If your doctor has told you that if you eat food like this you'll need a heart bypass, try Larry's Kinder and Gentler Chili instead.