After removing the badge in the front of the bike, the clear coat seems fine. It leaves a gooey residue. I sued Goo Gone and wiped it off. As for the other decals, I'm going to leave those on. I might electrical tape it to make my bike a bit uglier so it will be less attractive to thieves. I hate them.

In addition:

I would like to thank the people that gave me advice on how to adjust the brakes. The brakes are now functioning the way it should. The only thing I have left is truing the wheels. I wanna know is it worth paying someone 20-30 dollars to true it or should i true it myself with the wheels on the bike?

One more thing, where can I find a bike chain and an innertube so I can chain down my saddle?