Combine oysters and water together and refrigerate for 1 hour.
Strain and
reserve the oysters and water. In a large skillet melt the butter
over
low heat. Add the flour and beat with a metal whisk until smooth.
Add
the onions and celery, saute about 3 minutes, stirring occasionally.
Stir in the peppers and saute about 2 minutes and set aside. In
a 4 quart
saucepan, bring the oyster water to a boil. Stir in the sauteed
vegetable
mixture until well mixed. Turn heat to high. Add cheese; cook
until
cheese starts to melt, about 2 minutes, stirring constantly. Lower
heat
to a simmer and continue cooking for about 4 minutes stirring
constantly.
Remove from heat, strain soup and return to pot. Turn heat to
high and
cook about 1 minute stirring constantly. Stir in cream; cook until
close
to a boil, about 2 minutes. Add green onions and champagne if
desired.
Lower heat and add the oysters and handful of tasso. Check the
seasoning
at this point and add red pepper and salt to taste. When oysters
curl
serve immediately in bread bowls with crumbled bacon to garnish
the top.