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 treaty that ended the war was called the Treaty of Guadalupe Hidalgo. Since the US won, they got to set the terms (conditions). Mexico agreed to the treaty, and the war was officially over on 2/2/1848. TERMS. 1  Mexican Cession-Mexico sells land to the US. 2  Fro million, US receives California, New Mexico, Arizona, Utah, Colorado, and part of Wyoming. 3  All Mexicans living in this area would be allowed to become US citizens.