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).
Mexican American War. The Mexican-American War was an armed conflict between the United States and Mexico from 1846 to 1848 in the wake of the 1845 U.S. annexation of Texas. Mexico claimed ownership of Texas as a breakaway province and refused to recognize the secession and subsequent military victory by Texas in 1836.