In a large pot on medium heat, cook bacon until browned. Drain oil, reserve 2 tablespoons. Add onions, bell pepper, garlic, chili powder, cumin, coriander, red pepper flakes, oregano and cayenne pepper. Cook until vegetables are softened. Increase heat to medium high and add ground beef and sausage; cook until browned. Add beans, tomatoes, tomato puree and salt. Bring to a boil, reduce heat to low and simmer for one hour. Remove cover and simmer for another hour, stirring occasionally, until chili has thickened. Season to taste. Best served the next day. Serves 8.
Approximate Nutrient Analysis per serving (not including shredded cheese):
500 calories, 29 g fat, 10 g saturated fat, 90 mg cholesterol, 1400 mg sodium, 29 g carbohydrate, 9 g fiber, 6 g sugar, 32 g protein