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 The Mexican War between the United States and Mexico began with a Mexican attack on American troops along the southern border of Texas on Apr. 25, 1846. Fighting ended when U.S. Gen. Winfield Scott occupied Mexico City on Sept. 14, 1847; a few months later a peace treaty was signed (Feb. 2, 1848) at Guadalupe Hidalgo.