Interesting, either artistically Guthrie knew the sarcastic version would not last or financially he knew it would not sell. Without those verses and the sarcastic hook, it is a song I enjoy--not having ever known the background. My children learned to sing the song with me in the car and as it is now I still consider it a patriotic song.
Having grwon up in the 50's & 60's my Pop was aware of the 'Fellow Traveler' mentality associated with this song back at that time.
It is not and never has been a 'patritotic song' in the USA.
Sorry,even with the original words changed,it's still a COMMIE anthem,sung by stinking Commies and fellow travelers "artists" and I use that word loosely.