I went to two hardware stores to try to find extra parts to help make this rack work. I couldn't find anything that would easily make this worthwhile. I decided it would be too much hassle to try and make this "universal" rack fit my bike. I have returned the rack and I suppose I will just go to the LBS to purchase another rack. Hey, at least I'll end up with an alloy one instead of a heavy steel one.

Thanks for everyones reply! Bikeforums has quickly become my favorite forum ever.