1 lb. sharp cheddar cheese
2 medium onions
1 (4 oz.) jalapeno peppers
1/8 tsp. tabasco sauce
3/4 c. mayonnaise
Dash of salt

Using medium blade, put cheese, onions, and jalapeno peppers through a food chopper. Add mayonnaise, tabasco sauce and salt. Refrigerate for 24 hours.

Serve with crackers.