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).
The Mexican War officially ended on February 2, 1848 when America and Mexico agreed to the Treaty of Guadalupe Hidalgo. With this treaty, Mexico recognized Texas as independent and the Rio Grande as its southern border. In addition, through the Mexican Cession, America required land that included parts of present-day Arizona, California, New Mexico, Texas, Colorado, Nevada, and Utah.