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).
As with all major events, historical interpretations concerning the causes of the Mexican War vary. Simply stated, a dictatorial Centralist government in Mexico began the war because of the U.S. annexation (1845) of Texas, which Mexico continued to claim despite the establishment of the independent republic of Texas 10 years before.