I have been suffering through this problem for the last 6 months and since I am stubborn it has taken me that long to ask for help.
Anytime I try to publish a post to wordpress using MS Word 2010 as well as manually creating a post through the wordpress site. I get all of this HTML code instead of a properly formatted page. Here is an example http://paulslager.com/?p=1906
Before this started happening this worked perfect. I am almost 100% positive this isnt a microsoft word issue though because I tried publishing from several different computers as well as using the new Paste from Word feature that wordpress has on the posts page.
Here is an example of a page that worked fine before everything started screwing up http://paulslager.com/?p=1663
I hope someone can help because even when I try to manually create a new post and not even Publish from Word I get all this nonsense HTML and the pictures don't show up.