A compressively resilient bushing useful for aligning shafts and couplings and adjusting shaft misalignment. They find use as component parts of shaft, and other coupling devices. It comprises a cylindrical sleeve having an outer wall, and a hollow core through. The cylindrical sleeve defines an inner wall of the cylindrical sleeve. The hollow core extends longitudinally from a top to a bottom of the cylindrical sleeve. The cylindrical sleeve comprises a compressively resilient material. Grooves through the outer wall are around a circumference of the cylindrical sleeve. T-shaped grooves through the outer wall extend longitudinally from the top to the bottom of the cylindrical sleeve. Each T-shape groove has a ledge partially overlapping from the top to the bottom of the cylindrical sleeve at opposite sides of. Said T-shape grooves and the ledges extend from the top to the bottom of the cylindrical sleeve.