Alright, based on that log, I think that the issue is being caused by DB corruption. I've been planning on moving to a new DB soon, so that should fix this issue.
9/15/2014 8:58:29 AM Selecting Java SE Runtime Environment 8 (0)
9/15/2014 8:58:30 AM Entering Void ctxMnuTreeview_ItemClicked(System.Object, System.Windows.Forms.ToolStripItemClickedEventArgs)
9/15/2014 8:58:30 AM Delete Product.
9/15/2014 8:58:30 AM Entering EmptyProductDeleterResult DeleteProduct(System.Guid) : 991751d3-b928-448b-d313-f690b05130a5
9/15/2014 8:58:30 AM Entering Void StartWaitingForm(System.String)
9/15/2014 8:58:30 AM Entering Microsoft.UpdateServices.Administration.IUpdate PublishUpdate(Microsoft.UpdateServices.Administration.IUpdateCategory, Microsoft.UpdateServices.Administration.IUpdateCategory) : Product to Delete : Java SE Runtime Environment 8 and Vendor to delete : Oracle Corporation
9/15/2014 8:58:30 AM Entering System.String GetTempFolder()
9/15/2014 8:58:30 AM Returning : C:\Users\ADMINI~1.COM\AppData\Local\Temp\2\Wsus Package Publisher\
9/15/2014 8:58:39 AM Successfuly publish ProductKiller
9/15/2014 8:58:39 AM Entering Boolean MakeLocallyPublished(Microsoft.UpdateServices.Administration.IUpdateCategory, Microsoft.UpdateServices.Administration.IUpdateCategory) : Product to Delete : Java SE Runtime Environment 8 and Vendor to delete : Oracle Corporation
9/15/2014 8:58:39 AM Entering Boolean MakeLocallyPublished(Microsoft.UpdateServices.Administration.IUpdateCategory, Microsoft.UpdateServices.Administration.IUpdateCategory)
9/15/2014 8:58:39 AM Entering Void .ctor()
9/15/2014 8:58:39 AM Entering System.String GetServerName()
9/15/2014 8:58:39 AM IsUsingWindowsInternalDatabase : True
9/15/2014 8:58:39 AM Major Version : 3
9/15/2014 8:58:39 AM Entering Boolean Connect(System.String, System.String)
9/15/2014 8:58:39 AM \\.\pipe\MSSQL$MICROSOFT##SSEE\sql\query : SUSDB
9/15/2014 8:58:39 AM Connected to SQL !
9/15/2014 8:58:39 AM Connected to SQL
9/15/2014 8:58:39 AM ProductToDelete UpdateSource = MicrosoftUpdate
9/15/2014 8:58:39 AM Entering Boolean MakeLocallyPublished(Microsoft.UpdateServices.Administration.IUpdateCategory, Microsoft.UpdateServices.Administration.IUpdateCategory)
9/15/2014 8:58:39 AM Entering Void QuerySql(System.Collections.Generic.List`1[System.Guid], Int32)
9/15/2014 8:58:39 AM UPDATE [SUSDB].[dbo].[tbUpdate] SET [IsLocallyPublished] = 1 WHERE [UpdateID] = '991751d3-b928-448b-d313-f690b05130a5'
9/15/2014 8:58:39 AM Entering Void Disconnect()
9/15/2014 8:58:39 AM End of SQL session
9/15/2014 8:58:39 AM Successfuly made LocallyPublished
9/15/2014 8:58:39 AM Entering Void DeclineUpdate(Microsoft.UpdateServices.Administration.IUpdate) : Delete Me !
9/15/2014 8:58:39 AM Entering EmptyProductDeleterResult DeleteProduct(System.Guid)
9/15/2014 8:59:15 AM ThreadException. Something Went Wrong
9/15/2014 8:59:15 AM **** SQL Server detected a logical consistency-based I/O error: incorrect checksum (expected: 0x56832d48; actual: 0x56832d98). It occurred during a read of page (1:450529) in database ID 5 at offset 0x000000dbfc2000 in file 'd:\WSUS\\UpdateServicesDbFiles\SUSDB.mdf'. Additional messages in the SQL Server error log or system event log may provide more detail. This is a severe error condition that threatens database integrity and must be corrected immediately. Complete a full database consistency check (DBCC CHECKDB). This error can be caused by many factors; for more information, see SQL Server Books Online.
9/15/2014 8:59:15 AM Entering Void .ctor() : FrmSendDebugInfo