Heat the olive oil in a Dutch oven or soup pot. Add the chopped onion and green chilis. After one minute, add the MSG (optional), white pepper, and dried red chili powder. Sauté a few minutes.
Add the garlic and impossible meat. Use a wooden spoon to break up the impossible meat. Add the taco seasoning and sauté 2-5 minutes.
Add the tomato paste and canned tomatoes. Drain the canned white and black beans and add to the pot. Add the pinto beans along with their canning liquid. Drain the olives. Keep whole or or slice to your liking, then add them to the pot. Add the sugar and Tajin. Add about 1-2 cups water to cover and stir to combine. Bring to a boil then lower the heat and simmer about an hour, stirring occasionally. Add more water if needed.
Season with salt to taste. Garnish with lime wedges, corn chips, and/or additional black olives.