In a frypan over medium high heat saute the bacon until crisp, about 4-5 minutes. Then add the bacon bits (leaving the bacon grease in the pan) to a large Crockpot turned to Low.
Next, season the beef with salt and pepper. Then sprinkle the beef chunks with flour. Using the same frypan with the bacon grease turn the heat to medium high and add the beef chunks. Cook the beef until it's mostly browned, about 4 minutes, and add it to the Crockpot
To the same frypan over medium high heat, add butter. When hot add the mushrooms, cut side down. Let them cook undisturbed about 2-3 minutes until browned and add them to the Crockpot.
Then add the onions to the same frypan and cook them for 2-3 minutes. Again, add them to the Crockpot.
Next, add the carrots to the frypan over medium high heat and cook 2-3 minutes and add them to the Crockpot.
Then add the wine, beef consomme, tomato paste and garlic and mix the ingredients.
Finally, add the bay leaf and the bundle of thyme. Cover and cook on Low heat 6-8 hours.
Remove the bay leaf and the thyme bundle and ladle into serving bowls. To finish: sprinkle with chopped parley and serve with warm French bread if desired.