In a medium saucepan, add the butter with the olive oil, bacon and cook at medium heat until the bacon is golden brown.
Add the onion, garlic and cook over medium heat for 2 to 3 minutes. Add the rest of the ingredients, season to taste, cover and cook for 20 to 25 minutes.
NOTE: You can substitute the bacon for bacon bits or turkey bacon. You can vary the recipe by adding 8 oz sliced mushrooms!