Chili Texas Style

Name: Chili Texas Style
Ingredients: 5 fresh jalapeno peppers; 2 tablespoons olive oil; 1 pound ground beef round; 1 pound boneless beef chuck, cut into ½-inch cubes; 2 medium onions, chopped; 3 garlic cloves, minced; ½ cup chili powder; 1 teaspoon cumin seeds, crushed; 1 quart beef broth, homemade or canned; 2 tablespoons tomato paste; 2 tablespoons Worcestershire sauce; 1 teaspoon salt; ½ teaspoon crushed hot red pepper flakes; 1 pound shredded Monterey Jack cheese; Hot cooked rice or kidney beans