Bewitching Chili

1/2 cup chopped sweet red pepper

1/2 cup chopped green pepper

1 medium onion, chopped

1 garlic clove, minced

1 (32 fluid ounce) bottle tomato juice

1 (15 1/2 ounce) can hot chili beans, undrained

1 (14 1/2 ounce) can diced tomatoes, undrained

1 (10 1/2 ounce) can condensed beef broth, undiluted

1 (6 ounce) can tomato paste

2 tablespoons chili powder

1 1/2 teaspoons ground cumin

1 teaspoon salt

1 teaspoon sugar

1/4 teaspoon pepper

Sour cream