The Ultimate Barbecue Sauce

he Ultimate Barbecue Sauce (for ribs)

1 piece bacon
1 bunch thyme
2 tablespoons olive oil
1/2 onion, chopped
2 garlic cloves, minced
2 cups ketchup
1/4 cup brown sugar
1/4 cup molasses
2 tablespoons vinegar
2 tablespoons ground dry mustard
2 tablespoons ground cumin
1/2 teaspoon red pepper flakes
1 teaspoon paprika
salt and pepper

Wrap the bacon around the bunch of thyme and secure with kitchen twine or toothpicks.  Add the oil to a sauce pan and saute the bunch of bacon on medium heat until the bacon starts to brown and render its fat.  Add the onion and garlic and cook without coloring, about 5 minutes, until the vegetables start to soften.  Add the remaining ingredients and stir to combine.  Turn the heat down to low and simmer the sauce for about 30 minutes.  The sauce will thicken.  Use it to coat the meat before grilling and as a side for dipping sauce with serving.