Agreed - the alarm bells should have been ringing long ago.
There was a social contract between the upper and lower class (the middle class is a lie used to further divide us) that was basically - we'll let you have your mansions as long as our quality of life improves as well. But the rich have been hollowing out that agreement for decades. The highest tax bracket (the percentage taxed on income only above a certain amount) has plummeted since the middle of the 20th century. Regulations have been removed and replaced with weaker regulations (like Dodd/Frank) and then THOSE regulations have been hollowed out. Any sense of responsibility and duty the rich might have ever had to the people and place that rewarded them so greatly has vanished and in place of it is cynical and manipulative and greedy - because the only thing that matters is getting more and taking more - removing the safety barriers that keep them from getting more, no matter who it might hurt because somehow acquiring wealth has become the most important thing (not doing something great, improving the world, or helping others).
At each step, the social contract weakens. As long as enough people aren't feeling the pain they're going to abide by their part of the bargain because most of the rest of us ARE actually just trying to live good lives and make sure it's good for those around us. But there will be a moment when enough people are feeling the pain and won't have any other choice but to act. In a system where justice is only dealt to the lower class - that action is guaranteed to be carried out outside the system.
Never has it been more obvious how brazenly the media protects the establishment. Even in stories like this favoring reform they manage to frame it from the perspective of the elite.