Brown beef and ½ cup chopped onions in heavy skillet; drain. Blend beans (do not drain excess liquid) in blender. Add blended beans, ketchup, mustard, salt, and chili powder to meat mixture. Simmer for 10 minutes. Place mixture in chafing dish. Top with a layer of cheese, sliced olives, and your other favorite toppings. Serve with corn chips.
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