Heat the oil in a 6 qt. saucepot over medium-high heat.Add in the onions, green peppers & garlic. Cook & stir for about 5 minsor until veggies are tender. Add in the meat cook & stir 5 mins longer.
Add in the tomatoes with the liquid,the beans tomatoe paste & seasonings.Bring to a boil.Reduce the heat to low. Simmer kind of covered for about 1 hour or until the chili has thickened. Stirring occasionally.
Serve hot over the rice. Top with the cheese & sour cream.