Mix two cups white sugar with a cup of molasses and a half cup water. Stir until smooth, add a half stick of butter, bring to a slow boil, and cook to hard crack. Pour six cups popped corn in a large oiled bowl, throw in a pack (or two) of red skin peanuts, and drizzle with warm molasses syrup while tossing with a spoon. Working quickly, rub a pat of butter between your hands, and form popcorn into balls. Spear with sharpened Popsicle sticks, and place on a greasy pan. Dust with salt.