Add olive oil to large soup pot and place it over medium-high heat for two minutes.
Add diced onion and cook for 5 minutes.
Add ground beef to the pot and brown.
Stir in the tomato paste and sugar. Then add chili powder, cumin, garlic powder, salt, pepper OR 8 Pepper Chili spice (to taste) and mix.
Add broth, diced tomato, drained kidney beans and tomato sauce and stir well.
Bring liquid to a low boil and then reduce heat to gently simmer UN-covered for 20-25 minutes.
Remove from heat and let rest 5-10 minutes to cool off.
Serve warm and top optionally with cheddar cheese, crackers and/or sour cream.
