Bill Lobdell, longtime writer and editor for the Tribune-owned LA Times and its subsidiaries, has an excellent, insightful piece up on his new blog titled "42 Things I Know," outlining why exactly he left his cushy corporate job and what's wrong over at the LA Times. Much of what Lobdell has to say is pretty much what those of us who work in new media have been saying for a long time now: that print media (in particular, the overfed layers of managers who spend most of their days having meetings about meetings so they can plan more meetings, thereby justifying their spendy salary-and-benefits packages) don't know what the hell they're doing when it comes to the real world in the age of the Internet.

The most telling of Lobdell's "42 Things" are the following:

Newspapers were unbelievably slow in embracing the Internet, even though younger reporters have been pleading with their bosses for years to embrace the Web.

Amazingly, it took until 2005 for top editors at The Times to realize the Internet not only wasn't going away but might lead to the demise of newspaper.

Prior to that, the Internet operation at The Times was used as a place to hide reporters and editors who had fallen out of favor.