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 took place between 1846 and 1848, yet its roots can be traced to 1821, when Mexico gained independence from Spain. At that time, Mexico encouraged Americans to settle in its sparsely populated northern territory on the conditions that settlers convert to Catholicism and renounce slavery.