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 War (1846-1848) was the U.S. Army's first experience waging an extended conflict in a foreign land. This brief war is often overlooked by casual students of history since it occurred so close to the American Civil War and is overshadowed by the latter's sheer size and scope.