General obligation bonds are a type of municipal government bond, which is government debt issued to raise money to finance public improvements. A general obligation bond is a municipal bond backed by the credit and taxing power of the issuing jurisdiction, rather than the revenue from a given project.
The Mexican-American War began because of a clash between the Mexican Army and the US Army in the disputed border area called the Neuces Strip (See the Thornton Affair-see Related Link shown below).
A minority believes the war arose simply out of Mexico's failure to pay claims for losses sustained by U.S. citizens during the Mexican War of Independence. Mexican Politics. At the time of the war, Mexico had a highly unstable government.