Cook the onion in olive oil on medium heat. Add the pepper. When onion looks translucent add the rest of the ingredients. Simmer on low heat for 10 -15 min. If it looks too dry, add a bit of water and adjust the seasoning.
Cook your dogs. I usually boil until tender, but you can also grill them. Meanwhile, heat up your buns in the oven or on the grill.
Assemble the panchos. Hot dog in bun. A small dab of the trifecta. A hefty sprinkle of the potato chips. A dollop of salsa, and finally some sweet corn on top.