Heat oil in a large saucepan over medium-high heat.
Add pork to pan; saut 5 minutes or until lightly browned.
Add onion, bell pepper, and garlic to pan; saut 5 minutes or until tender. Stir in chili powder and next 4 ingredients (through red pepper). Cook 1 minute, stirring constantly. Stir in tomato paste, hominy, tomatoes, and broth; bring to a boil. Reduce heat, and simmer 10 minutes.