Phil's Killer Chili

Ingredients

• 3 lb. lean ground beef
• 1 lb. green bell peppers, diced in 1/4-inch chunks
• 1 lb. red bell peppers, diced in 1/4-inch chunks
• 1 lb. white onion, diced in 1/4-inch chunks
• 2 lb. fresh tomatoes, skinned and diced in 1/4-inch chunks
• 3 tbsp. extra-virgin olive oil
• 1 tbsp. salt
• 1/2 tbsp. pepper
• 5 tbsp. chili powder
• 1 tsp. cumin
• 1 tbsp. paprika
• 1/2 tbsp. garlic powder
• 1 tsp. crushed red pepper
• Red cayenne pepper, to taste
• 1 cup water