Stabilizer bars are part of a car's suspension system. They are sometimes also called anti-sway bars or anti-roll bars. Their purpose in life is to try to keep the car's body from "rolling" in a sharp turn.
Think about what happens to a car in a sharp turn. If you are inside the car, you know that your body gets pulled toward the outside of the turn. The same thing is happening to all the parts of the car. So the part of the car on the outside of the turn gets pushed down toward the road and the part of the car on the inside of the turn rises up. In other words, the body of the car "rolls" 10 or 20 or 30 degrees toward the outside of the turn. If you take a turn fast enough, the tires on the inside of the turn actually rise off the road and the car flips over.
Roll is bad. It tends to put more weight on the outside tires and less weigh on the inside tires, reducing traction. It also messes up steering. What you would like is for the body of the car to remain flat through a turn so that the weight stays distributed evenly on all four tires.
Stab links are the end parts of the sway bar that transfer the force of the turn onto the body, from the pushed down side to the rising side equalizing the force and stabilizing the car.
No Bushingsin your stab links equals badder handling new links are about about $40.00 each. they need to be upsized for truck lifts and suspension mods.