Video does not display or run

I am using the YouTube plugin to display a video on the front page. I am using the Text Widget with the following code. The video does not show up or run.The only thing that shows up is this line of code. “http://www.youtube.com/watch?v=T8MnL3s5YuM&width=350&height=300”

[ Moderator Note: Please post code or markup snippets between backticks or use the code button. ]

<div id="quotescointainer">
 <div id="centertop"><p>

</p></div>
    <div id="quotesleft"><a title="Destiny Maker" href="http://destinymakers.org/wp/resources/book-spirit-to-heal"><img style="margin-right: 5px; margin-bottom: 5px;" alt="Destiny Maker" src="http://destinymakers.org/wp/wp-content/uploads/2013/04/Casual-crop-150x150.jpg" /></a></div>
    <div id="quotescenter"><a title="Destiny Maker" href="http://destinymakers.org/wp/resources/book-spirit-to-heal"><img style="margin-right: 5px; margin-bottom: 5px;" alt="Destiny Maker" src="http://destinymakers.org/wp/wp-content/uploads/2013/04/1Spirit2Heal-thumb.jpg" /></a></div>
    <div id="quotesright"><a title="Destiny Maker" href="http://destinymakers.org/wp/resources/book-spirit-to-heal"><img style="margin-right: 5px; margin-bottom: 5px;" alt="Destiny Maker" src="http://destinymakers.org/wp/wp-content/uploads/2013/04/Cover-thumbnail-150x150.jpg" /></a></div>
</div>

http://wordpress.org/extend/plugins/youtube-embed-plus/