This is called the "stabilizer shaft". I strongly suggest you get a Chilton's manual for this job, from your public library or Amazon or eBay so that you have the proper diagrams. I'll give you the general steps so that you know what's involved.
- Raise and support the vehicle, allowing the front suspension to hang free.
- Remove the front tire and wheel assemblies. Refer to Wheel Removal.
- Remove the nuts attaching the stabilizer links to the stabilizer shaft.
- Remove the tie rods from the knuckles
- Remove the bolts retaining the rear engine bracket
- Remove the clamps attaching the stabilizer shaft to the crossmember assemblies.
- Support the rear of the crossmember with an adjustable jack stand.
- Remove the rear bolts from the crossmember assemblies, and loosen the front bolts
- Lower the crossmember three inches by adjusting the jack stands down.
- Remove the stabilizer shaft with the insulators
The book says this job takes a trained mechanic 1.6 hours. The part is listed at $136.