He is spot on. The money was stolen and will never be recovered from those in the criminal enterprise that took it.
They are set forever......peons be damned. America be damned.
We need much more capital punishment for these crimes
If it means anything my house sold this time last year. Sold for $170K in a really bad market, down maybe 20% from what we expected. The house was sold to a so-called “minority” and only with her signature (only one on loan) with no money down and she had a family income of roughly $45K per year.
I was a bit set-back as we had just experienced one of the largest bubbles ever in housing due to this issue, set back that we were only a year or so removed from the crash and for all practical purposes it was “business as usual”.