Confetti Potato Cakes

1 cup water
1/2 cup milk
2 tbsp butter or margarine
1/2 cup whole corn
1/2 cup diced red bell pepper
3 green onions with tops, thinly sliced
1/2 tsp ground black pepper
1 3/4 cups instant potato flakes

In a bowl, microwave water, milk and butter on high 2 min. or until butter is melted and liquid is hot. Add corn, bell pepper, green onions, salt and black pepper; mix well. Stir in potato flakes.
Meanwhile heat a griddle over medium heat 5 minutes or until hot. Lightly spray griddle with vegetables oil. Drop 1/4 cup potato mixture onto griddle; gently flatten with nylon turner. Cook potato cakes 2-3 minutes on each side or until golden brown, turning once.