Lo and behold,  
someone has put together on Tumblr  a fantastic collection of great quotes by the world's most cited intellectual, curated and verified by fans of his.  
Chomsky also has his own site , a vast trove of speeches, articles, interview transcripts -- and lots else.
You can easily spend hours poring through it if you're not careful, 
reading up on the history of propaganda or the American empire. But the 
Chomsky quote site is great if you are looking for a thought of the day 
and you're on the run. 
Here are 10 Chomsky quotes worth mulling over on the media:
1. "The major media-particularly, the elite media that set the 
agenda that others generally follow-are corporations “selling” 
privileged audiences to other businesses. It would hardly come as a 
surprise if the picture of the world they present were to reflect the 
perspectives and interests of the sellers, the buyers, and the product. 
Concentration of ownership of the media is high and increasing. 
Furthermore, those who occupy managerial positions in the media, or gain
 status within them as commentators, belong to the same privileged 
elites, and might be expected to share the perceptions, aspirations, and
 attitudes of their associates, reflecting their own class interests as 
well. Journalists entering the system are unlikely to make their way 
unless they conform to these ideological pressures, generally by 
internalizing the values; it is not easy to say one thing and believe 
another, and those who fail to conform will tend to be weeded out by 
familiar mechanisms." 
 
2. “If the media were honest, they would say, Look, here are the 
interests we represent and this is the framework within which we look at
 things. This is our set of beliefs and commitments. That’s what they 
would say, very much as their critics say. For example, I don’t try to 
hide my commitments, and the Washington Post and New York Times 
shouldn’t do it either. However, they must do it, because this mask of 
balance and objectivity is a crucial part of the propaganda function. In
 fact, they actually go beyond that. They try to present themselves as 
adversarial to power, as subversive, digging away at powerful 
institutions and undermining them. The academic profession plays along 
with this game.” 
 
3."The leading student of business propaganda, Australian social 
scientist Alex Carey, argues persuasively that “the 20th century has 
been characterized by three developments of great political importance: 
the growth of democracy, the growth of corporate power, and the growth 
of corporate propaganda as a means of protecting corporate power against
 democracy." 
 
4. "The public relations industry, which essentially runs the 
elections, is applying certain principles to undermine democracy which 
are the same as the principles that applies to undermine markets. The 
last thing that business wants is markets in the sense of economic 
theory. Take a course in economics, they tell you a market is based on 
informed consumers making rational choices. Anyone who’s ever looked at a
 TV ad knows that’s not true. In fact if we had a market system an ad 
say for General Motors would be a brief statement of the characteristics
 of the products for next year. That’s not what you see. You see some 
movie actress or a football hero or somebody driving a car up a mountain
 or something like that. And that’s true of all advertising. The goal is
 to undermine markets by creating uninformed consumers who will make 
irrational choices and the business world spends huge efforts on that. 
The same is true when the same industry, the PR industry, turns to 
undermining democracy. It wants to construct elections in which 
uninformed voters will make irrational choices. It’s pretty reasonable 
and it’s so evident you can hardly miss it." 
 
 
5. "The Obama campaign greatly impressed the public relations 
industry, which named Obama ‘Advertising Age’s marketer of the year for 
2008,’ easily beating out Apple computers. A good predictor of the 
elections a few weeks later. The industry’s regular task is to create 
uninformed consumers who will make irrational choices, thus undermining 
markets as they are conceptualized in economic theory, but benefiting 
the masters of the economy. And it recognizes the benefits of 
undermining democracy in much the same way, creating uninformed voters 
who make often irrational choices between the factions of the business 
party that amass sufficient support from concentrated private capital to
 enter the electoral arena, then to dominate campaign propaganda." 
 
6. "Control of thought is more important for governments that are 
free and popular than for despotic and military states. The logic is 
straightforward: a despotic state can control its domestic enemies by 
force, but as the state loses this weapon, other devices are required to
 prevent the ignorant masses from interfering with public affairs, which
 are none of their business…the public are to be observers, not 
participants, consumers of ideology as well as products." 
 
7. "The first modern propaganda agency was the British Ministry of 
Information a century ago, which secretly defined its task as “to direct
 the thought of most of the world” — primarily progressive American 
intellectuals, who had to be mobilized to come to the aid of Britain 
during World War I." 
 
8. "One of the questions asked in that study was, How many 
Vietnamese casualties would you estimate that there were during the 
Vietnam war? The average response on the part of Americans today is 
about 100,000. The official figure is about two million. The actual 
figure is probably three to four million. The people who conducted the 
study raised an appropriate question: What would we think about German 
political culture if, when you asked people today how many Jews died in 
the Holocaust, they estimated about 300,000? What would that tell us 
about German political culture?" 
 
9. "You don’t have any other society where the educated classes are
 so effectively indoctrinated and controlled by a subtle propaganda 
system – a private system including media, intellectual opinion forming 
magazines and the participation of the most highly educated sections of 
the population. Such people ought to be referred to as “Commissars” – 
for that is what their essential function is – to set up and maintain a 
system of doctrines and beliefs which will undermine independent thought
 and prevent a proper understanding and analysis of national and global 
institutions, issues, and policies." 
10. “Citizens of the democratic societies should undertake a course
 of intellectual self defense to protect themselves from manipulation 
and control, and to lay the basis for meaningful democracy.”