In a large deep pot, melt butter and oil and add meat. Over medium high heat, brown meat and break up into small pieces. Add onion, green pepper and garlic, stirring until tender.
Add salt, chili powder, basil, oregano, sugar, thyme and black pepper and mix to combine well. Stir in all tomato ingredients, bring to boil, add green chilies and reduce heat to simmer and cook for 30 minutes, stirring occasionally. Add kidney beans and cook just 10 minutes longer.
To serve, place about W cup pasta in individual serving bowls. Top with chili, sour cream and sprinkling of cheddar cheese, if desired. Makes 12 to 15 servings. Enjoy!