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-American War Begins On April 25, 1846, Mexican cavalry attacked a group of U.S. soldiers in the disputed zone under the command of General Zachary Taylor, killing about a dozen. They then laid siege to an American fort along the Rio Grande.