Combine the milk with two cups of water in a saucepan over medium heat and bring to a light boil. Stir in the cornmeal with the salt and sugar and stir until it gets to the thickness of light grits. Add more water if necessary to keep it flowing.
Remove from the heat. Add the corn, bell pepper, butter, cheese, cilantro, green onion, and Tabasco Jalapeno. Stir to combine the ingredients well.
Break the eggs into a bowl and beat with an electric mixer until light and foamy. Add the eggs to the rest of the mixture, folding it in with a rubber spatula. Taste and add salt, white pepper, and cayenne.
You may bake this in small individual glass baking dishes or one large one. Butter the dish first before spooning in the pudding mixture. Bake in a preheated 400-degree oven until the top begins to brown--about a half-hour.