Here are the steps I took to embed the You Tube Video:

1. Open Microsoft Word
2. Hover The Mouse over the Home Key
3. Right Click
4. Select "Customize Ribbon"
5. From the Customize Ribbon column, check the Developer option
6. Click OK
7. Notice the Developer Tab appears. Click it
8. Ensure that Design Mode is On
9. Click the Tool Box Icon
10. Click the "More Controls" Icon
11. Select "Shockwave Flash Option" From the drop down menu
12. Notice a Box appears. Stretch or Shrink it to the appropriate length


13. Right Click on the box
14. Choose Properties
15. Insert http://www.youtube.com/v/VideoCode in to the column that corresponds to Movie
16. Change the Value for EmbedMovie from False to True
17. Exit Properties
18. Right Click the Box again
19. Click View Code. At this point you're in Visual Basic.
20. Click the green Play or "Run Sub" button
21. Name the Macro. (Make sure there are no spaces between the words)
22. Click Create
23. Click Run
24. Exit Visual Basic

When I exit Visual Basic, the video embeds-in to the document just fine. I am able to play the YouTube Video with no problem. However, when I go to save the document as a macro-enabled document or .docm, I assume the video should work when I close the file and re-access it later, however, it doesn't. Instead, when I attempt to play the video, I receive the "An error has occurred" message. Anyone care to help? Thanks.