Well I've been playing with my coilovers/camber a lot for the last week trying to get my car to sit just right and I came across this. These are thje front bushings on the rear trailing arms. Both sides look exactly the same and they squeek pretty good. Im assuming the metal is suppoed to be fluch with the arm but on the other side it looks like it is. The rubber on the other hand.....no so much. Does this look normal at all to you.
Its the bushing a little to the right of the middle of this pic just so we are on the same page of which bushing it is.

Outside of the bushing. See how the rubber is pushed in.

And heres the inside. The metal is protruding from the trailing arm and the rubber is sticking out.