Cook the bacon. Cut the bacon into small slices. Bring a large Dutch oven to medium heat, and add the sliced bacon. Cook until crispy, stirring occasionally with a wooden spoon, and scraping any browned bits from the bottom of the pan. It should take about 10 minutes. Reduce the heat if the bacon is browning too quickly.
Add the vegetables: Add the diced onion, green pepper, and jalapeño. Sauté the vegetables in the bacon grease for 5 minutes, until tender.
Brown the ground beef. Add the ground beef. Cook until fully browned, then drain off the excess fat using a colander or slotted spoon. Bloom the spices. Reduce the heat to medium-low. Stir in the tomato paste, and dried spices, and cook until they are fragrant, about 2 minutes
Bloom the spices. Reduce the heat to medium-low. Stir in the tomato paste, and dried spices, and cook until they are fragrant, about 2 minutes.
Add tomatoes, beans, and chicken broth. Add the fire-roasted tomatoes with juices, drained beans, and chicken broth. Give the pot a stir.
Simmer the chili: Bring the chili to a low simmer, then cover the pot with a lid. Allow the chili to simmer for 1 hour, stirring every 20 minutes.