Add the tomato paste, chili powder, salt, pepper and cumin.
Stir and cook for 2 minutes.
Add the remaining ingredients. Stir.
Bring to a boil then reduce to a simmer.
Simmer until thickened, about 30 minutes.
Remove from heat and let cool for 15 minutes.
Using an immersion blender, blend the mixture just until the largest pieces of meat are blended. Do not over blend. You can also transfer the mixture to a blender and pulse until the chunks are gone.
Serve warm over hot dogs.
Notes
If you cut a shallow slit down the lengths of your hot dogs before cooking they will open up slightly, giving the chili a little 'trough' to go to.