Almost true and oft-repeated. There are still means to somewhat control most FBW aircraft in the unlikely event all electrical control is lost; A320 can pitch/yaw with mechanical linkage to stabilizer trim and the rudder, for example (but, to your point, neither involve the sidestick). The flight is very likely headed for an unpleasant end but the intent is to buy time to restore computer control. Landing with trim, rudder, and differential thrust alone is possible (some have landed with less), but it's a big ask for a pilot accustomed to automation.
That scenario aside, when a whole lot of things fail an Airbus can also go into a mode called Direct Law, which basically tells the computer to take a hike and puts the pilot in direct control of surfaces proportional to airspeed (and puts structural integrity in jeopardy, because the computer isn't helping to obey design limits). The aircraft is extremely sensitive in this configuration.
(If you saw Sully recently, one of the reasons he quickly started the APU was to prevent the aircraft from leaving the relative safety of Normal Law in the absence of electrical power. This was described in the report, if I recall, and was one of the more critical decisions made.)
Boeing is entirely different in FBW philosophy from Airbus. A coarse summary might be that Airbus drivers are negotiating with a computer while Boeing drivers are generally flying the airplane. Both have merits and drawbacks and vocal camps.
