1. Heat oven to 350 degrees. In a skillet, brown chuck and 1/2 pound diced bacon, stirring to break up clumps. Drain excess fat and add onions and both peppers; cook, stirring until onions are translucent.
2. In a bowl, mix brown sugar, molasses, ketchup, mustard, black pepper and chili powder. Pour into meat mixture. Stir and heat thoroughly.
3. Stir all of the beans into skillet. Pour into a 2 1/2-quart baking dish. Lay remaining 1/2 pound bacon slices across the top in a single layer. Cover and bake 30 minutes.
4. Uncover and bake additional 30 minutes, or until bacon starts to curl up and brown.
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