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).
Mexican War When the US annexed Texas, President James Polk sent US troops to the border. Congress declared war after violence broke out. The US won and gained Texas and the Mexican Cession, taking Â½ of Mexico and expanding to the Pacific Ocean.