In a skillet over medium heat melt 2 tablespoons of light margarine.
Add the chopped onion, red and green bell peppers, jalapenos and garlic.
Stir in 3 tablespoons of all purpose flour until it becomes almost a thick paste.
Pour in the evaporated skim milk and stir.
Pour mixture into a large pot.
Add the corn and shredded potatoes.
Gradually stir in skim milk until you achieve the desired thickness.
Add black pepper and cayenne to taste.
Let the chowder simmer for at least 20 minutes.
Notes
This recipe is Weight Watcher friendly. 1 serving is 4 Weight Watchers Points Plus. NOTE: That does not include toppings of reduced fat cheese or bacon.