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 MexicanâAmerican War lasted from 1846 until 1848. It grew out of unresolved border disputes between the Republic of Texas and Mexico after the United States annexed Texas nine years after the Texas Revolution.